Peter’s Floored by Husband & Wife’s Financial Success | Dragons’ Den

Anne and Keith Proctor seek an investment of £75,000 in return for a 10% equity stake in Pro-Tec Covers, their range of high-quality, easy-to-fit caravan covers that protect your tourer from the weather, but Deborah's concerned by the difficulties that come with a family business...
An international sensation, Dragon's Den features entrepreneurs pitching for investment in the Den from our Dragons, five venture capitalists willing to invest their own money in exchange for equity.
#DragonsDen #Millionaires #CrackingTheMarket

[@jamest3336]

“Boring pitch.” “We’re from Yorkshire”

[@leocossham]

Yeah I don't get this, it doesn't really make sense. Since when were Yorkshire people boring?

[@leocossham]

@@darkmagicians5074 haha depressing but probably about right 😂

[@joshdean9105]

they are stubborn too

[@D3an02k7]

How do you know id someone is from Yorkshire? They'll tell you within the first 15 seconds of talking to them...

[@stinameaner]

@@D3an02k7 you're talking to the wrong people then

[@exmosquito]

I can’t believe these people have the cheek to go on Dragons Den to ask for Theo’s children’s inheritance. Unreal!

[@LivingLifeFastLLF]

😂

[@morganmorris2698]

@@LivingLifeFastLLF funny to see you here llf

[@theovolz3073]

Or his wife's bingo money!

[@Photiskaimakliotis]

Ahahahaha

[@Wtfinc]

I don't get it. His children would get far more. The bingo joke is where its at.

[@redmed10]

Please don't call it tarpaulin. The passion in his voice overwhelmed me.

[@theovolz3073]

Something anticlimactic about pulling back a cover to reveal.... another cover.

[@CharlesCartierMurdoch]

touché

[@frieswijk]

And this anticlimax turned out to be the most exiting part of the pitch

[@stealthattack2209]

LOL

[@Mithrandir69]

...yet, unexpected.

[@jay-dubdubb2292]

Could have at least pulled back the red curtains 🎭

[@erijeh]

They would be amazing poker players 😐

[@lolums1458]

Not really

[@sergiorussooo_1405]

@@lolums1458 yes they have good poka faces

[@goromaster10]

@@lolums1458 how so?

[@proxy7362]

@@goromaster10 no big show of emotion.

[@goromaster10]

@@proxy7362 I was responding to a different person than the original poster

[@franklinegbuche7097]

*That air breathability and liquid protection test was gold.*

[@lorismopsas9398]

How to instantly lose all the dragons: *walks into the den "Hello sharks!"

[@Goku9000]

HAHAHA mate only us Aussies get that

[@thereviewboss]

I dont get it

[@squadcast7456]

🤣🤣🤣🤣

[@joe249xo6]

@@thereviewboss the American version and I think Australian too is called shark tank rather than dragons den. So it’s saying the dragons won’t be pleased if they get compared with the Americans 😂

[@carriebizz]

It's called shark tank in Australia and the US and Canada

[@matt5802]

the ending between Duncan and Hillary made me laugh 😆 🤣 😄

[@danielsimpson8929]

They ought to consider boat covers, cars, sheds. Gazebos. Anything seasonal.

[@danielsimpson8929]

And bike covers. People love their bikes. Helk maybe modify it for dog houses and market it as an extra layer of insulation and weather resistance.

[@myopicthunder]

Outdoor BBQ grills

[@nigelchambers3462]

I would like a jacket made of that stuff every waterproof jacket I have bought thus far has let rain in

[@sammylpt9076]

@Nigel Chambers - you want to get something like agri-wear or something. It's used broadly by farmers and labour for things like harvesting in the wet. They're not comfy like North Face but considering cheap costs and design function they're great. I think Ocean's went out of business but they were brilliant too.

[@thelaurens1996]

Someone should send them these ideas.

[@jerryscaglione9621]

This vid was so dry it took me 3 glasses of water to make to the end.

[@WaterFlame957]

Hilary was so fabulous in life, may she rest in peace. 🥰

[@planeguy95]

One of the funniest endings to a pitch I’ve seen on here 😂 I love Duncan’s dry sense of humour. Also RIP Hilary

[@billtilford3047]

Down to earth Yorkshire folk. Salt of the earth.

[@himanshusoni1422]

Peter's reason for not investing was just ridiculous. Yes, the guy is probably not going to be the life of any party but it's not like he lacks any sort of personality.

[@davidmg1925]

No it is just actually very reasonable. If you feel your not going to work with this person/product he has every right to say so.

[@mickk8519]

He only has the personality his wife lets him have 😂

[@TheSteveprojects]

Based on his comments, I don't think he understands patented fabrics or their significance. I'm curious how these two came up with this stuff... Could be pretty useful in way more other applications possibly even medical devices

[@July-gj1st]

@@TheSteveprojects Well then it's even better that he did not make an investment. He wasn't excited about it, thus he wouldn't have investigated more about patented fabrics, thus he wouldn't have seen the potential and it wouldn't have been worth his while.

[@KapishDakini]

Business is all about rapport dude. Peter Jones already have got 100sof companies

[@yagovich8473]

I like them. Calm, open minded, flexible and comical.

[@Nashy119]

Much better than some ditsy person who thinks covers and poles are exciting.

[@mitchtheronin1469]

„He makes good coffee“ dayum his face was priceless

[@stevesmith9287]

😂😂

[@trailerparkboys3390]

Scened joke!

[@malk2o]

imagine if a man said that about awoman!

[@Anna.T.]

Not sure if that was supposed to be a lead to “also good covers” or what 😂 either way sounded a bit demeaning. I’d never talk about my man like that and if my man made that comment about me, he’d be wrapped in that cover in no time lol

[@jakehay3074]

Peter wants to do coke benders with the entrepreneurs he invests in. He's clearly put off by these squares.

[@jonesey251]

i don't know about that , but i bet Duncan would be down for a drunken rager

[@jay-dubdubb2292]

🤣😂💊🍺🧃🚬

[@georgeorwell1564]

The one thing more surprising than finding out that guitar God Eric Clapton is on Dragons' Den, is discovering he's a Yorkshire lad who sells covers and accompanying poles for caravans!

[@GennySavastone]

I was really hoping for her name to be Layla

[@MichaelWilliams-mo1vv]

Interesting that she introduced him as 'Keith Proctor' rather than Keith my husband.

[@melonheadman1]

I wonder why... Post theories below for free dragons den Teddy bear

[@0isab423]

also weird how she referred to their children as “my son” and “my daughter” rather than using “our”

[@clairesnibbe1878]

Very odd indeed!

[@rjoona8492]

I assumed they had kids from previous relationships

[@MrMarko4]

Just trying to be professional I think

[@robmarrin6720]

The air breathability test was fantastic and just shows that it truly work's 👍

[@BenjaminGoose]

work is what?

[@alexp766]

Closed chamber where they pumped up a lot of air pressure...it needs to go sowhere

[@SundayConcept]

Yes, but will it trap condensed moisture on the inside as well?

[@TomGS]

If it doesn't condensate on the inside, this product would be amazing for camping. Rugged, waterproof and breathable.

[@themarmite95]

@@BenjaminGoose no, he just missed the "s" from its - he was saying it belongs to some guy called work

[@Charles-bv4ym]

“It’s got a patented breather membrane” Theo: 😏

[@LondonMus]

That eyebrow lift😂

[@tarun9542]

Theo the Fetus

[@Jan-dn6jo]

5:38 Sneaky of the wife to con her husband with a one to two share deal that he only just found out about!!! Her saying "It's just how it was set up originally" doesn't excuse her. I bet she wouldn't have "accidentally" set it up so two thirds were his!!! Seems he trusted her not to trick him!!!

[@malcolmqua2395]

Brilliant covers. I bought one - but their pitch failed to detail how Protec covers are tailored for a range of van profiles. Big selling point.

[@proteccovers8795]

all lost in the edit :)

[@EZ-D-FIANT]

Are you sure they were offering the van covers at this point?

[@beartrayand384]

That was kinda of therapeutic...i love their calmness.

[@terrymennie4332]

You will? We will! She's the governor 😂

[@spellywelly]

And then some! I thought for a moment at the start she might be kidding but unwaveringly impassive face!

[@terrymennie4332]

@@spellywelly 100% lol

[@crimsonlightbinder]

lol Duncan: "you cant make an offer on my behalf" :))

[@robmarrin6720]

The dead pan technique always works and is always funniest ❤️👍

[@carpii]

weird dynamic between this couple. She belittles her own husband by saying his main role is making a good coffee, and then he says he only recently found out she holds 66% to his 33%. Easy to see who's the one making all the decisions

[@dannyflint5746]

Maybe i am ignorant but if they are married how can she have 66% to his 33%? Surely they have 50% each?

[@EverthingsApple]

@@dannyflint5746 In a divorce battle, yes

[@ThePrincessnady1]

I love seeing that!

[@KissMyFatAxe]

@@dannyflint5746 they mentioned that she has 2 shares of the company while he only has one. Idk how it works but that's what they said 😆

[@TheBrass18]

12:34 Duncan is comedic genius and he doesn't even know it LMAO

[@Legitti]

They are still in business, at least their website is up even tho it looks like from 2005

[@CharlieVane21]

Yorkshire

[@stinameaner]

@@CharlieVane21 🤣

[@classicartfoundation639]

They're tight fisted up north, I know, I have relatives up there

[@gamewithadam7235]

The deal collapsed when Duncan used all the covers for his outdoor gym equipment.

[@Fernando-ek8jp]

They were so low key it went back around to being incredibly humorous

[@dazem8]

Wife: He makes good coffee. Husband: Oh, thank you. I do actually make good coffee... we also make good covers Peter: 🤨🤨 they can always fall back on comedy

[@fredrikshakeree4083]

This is one of the best pitches i've seen. Loved these guys.

[@Mark_B544]

“Something seems to be bothering Hilary “ Yeah, her frickin shoulder pads 😂

[@andrewjones-productions]

Considering Hilary Devey is in haulage, I would imagine that these covers may also be very suitable for specific curtain sided trailers on articulated vehicles. As they themselves pointed out, it isn't only caravans and motorhomes. They have orders for other things also. Their covers may be a boring green right now, but with further investment they could be turning out printed versions which reflect corporate identities etc. To downplay something that is good and makes money as 'boring' is very shortsighted in my opinion. For example, how interesting is a nail or a screw or even perhaps a plug for your bathtub? Somebody has made millions producing them.

[@PhrostyGaming]

They seemed even less happy to accept the deal than they were when they came in.

[@DK_Son]

They did well. They covered everythng.

[@pjaine454]

LOL

[@heymrguitarman7637]

Always liked Hilary. No nonsense and seems really savvy whilst also being quite good fun

[@marks6663]

That woman is a piece of work. First insults her husband in front of the camera by glibly suggesting his main contribution is that he is good at making coffee, then we find out she give herself 66% of the business without even telling him. Me thinks she has little respect for him in general and when women do not respect their husbands, they have contempt for them.

[@farzana6676]

True. I won't invest in her based on that alone. She looks like she want to screw her husband and he doesn't say anything because he wants to keep the peace.

[@DrTune]

@@farzana6676 they have four kids together; they're fully committed. Whatever flavor of relationship they have (and she may be the dominant one) it clearly works for them. Regardless of whether she makes jokes about his coffee or has more of the shares, they're staying together.

[@squidbillie11]

i know right? '' oh it just worked out like that '' yeah you just happened to split it 2:1, gee how did that happen??? my gosh such a surprise! snake.

[@squidbillie11]

@@DrTune four kids together? she quite clearly said '' MY son, My daughter'' not '' OUR '' implying kids from a previous relationship. she very well knew it was split 2:1. you must have been born yesterday

[@farzana6676]

@@DrTune They are staying together because that dude is tolerating her BS.

[@Jace888]

So calm and peaceful episode. 😇

[@boneyarsebogman]

Can't get over how well the company is doing. Probably one of the better ones I've seen on Companies House that appeared on Dragon's Den.

[@jimmybaldwin737]

Probably cause they’ve been going for 12 years. Most the people on her jump in with a company that’s been going 6 months to 2 years. And want instant success

[@wrashid89]

Genuinely a great pitch

[@vigneshie]

One of my favorite episodes. Between the husband/wife and Duncan/Hillary, it's a classic.

[@233kosta]

Duncan was getting the hang of Yorkshire excitement by the end 🤣

[@beautybeauty8185]

Duncan made me laugh😂 Tbh I didn't realise she was making offer for both of them

[@stylebybbm6759]

🤣🤣🤣 hilarious

[@adambpm]

She wasn't, she pretended she was only after Duncan spoke up to avoid a confrontation

[@rohailiqbal8605]

Look at all them vultures shut their trap and look down once they heard them numbers! Absolutely hilarious 😂

[@adhdoutdoors6919]

Probably one of the best dragon den videos I've seen 26% I dont know how the dragons kept a straight face I'm a Lancashire guy and normally Lancashire and Yorkshire folk clash but what a lovely pleasant couple

[@LSHTV]

Great product. Simple effective. Many applications and makes a pretty penny! Great business!

[@MNDmanIII]

Focused & no fluff, actually refreshing interestingly enough.

[@saeedurrehman1389]

Brilliant show.

[@longq5198]

Duncan is one of my favorite. So happy how he agreed to Hillary's offer on his behalf to make it less awkward.

[@4minutesavedme]

The ending is hilarious xD

[@TWidow3]

Oh crap did they make a deal??? Dang!!!!!! I missed it because they put me to sleep!

[@campingwithjosh]

Well that was a lovely lunch. See you tomorrow.

[@wanderingalba5077]

😅😄🎀

[@cheffincat]

At first I thought they were going to pitch a giant bong.

[@trailerparkboys3390]

Thank u, im gonna do a pitch now!

[@zoeyelh]

ha ha!

[@notwhereyouthink]

That was great. It was like watching paint dry but they got there in the end.

[@slzb1]

Really good one

[@KatieJoMikell]

I would like the cover for my outdoor patio furniture!

[@MustaffaCuppa]

Caravan prices going up 30% in August - these covers look like a no brainer investment.

[@anthonyflanagan9231]

Theo’s eyebrow roll it gives the rock a run for his money

[@bob2000and10]

The investment never went through but the business is still operating.

[@smoothshot9562]

I wonder if he ever invested in a personality

[@pottsyuk]

@@smoothshot9562 Both of them!

[@pottsyuk]

Apparently a lot don’t end up being invested in. A lot of it is for entertainment purposes.

[@algorhythm1454]

@@smoothshot9562 you can tell someone from Yorkshire, but not much.

[@killler240]

@@pottsyuk it's not really just due to entertainment. When people start the due diligence process extra/detailed information comes up which makes people stop. Plus, extra time allows the owners to reflect and they often feel they gave up too much % and drop out

[@marpag123]

Well that covered that!

[@DrTune]

Wow there's a lot of particularly sage advice from the dragons in this one; great episode. Theo's point about the value of 'his pound', Hillary's comment about investors looking for exit strategies..

[@tuilleri]

Can you explain both the ones you mentioned ?

[@philemonevans1814]

@@tuilleri Theo’s comment refers to the relative value an individual can bring, so even though two dragons can both offer £100, if one dragon works in a market more aligned with your business, then their £100 is worth a lot more than the other dragons £100. Exist strategies is just about minimising risk, hence Duncan’s comments about being offered 150,000, double the investment price, to exit the business should anything go wrong. The exit strategy is mainly about pragmatics

[@tuilleri]

@@philemonevans1814 oh ok thank you , so exit strategy’s are meant to minimize lost

[@arnoudt]

@@philemonevans1814 That is not what an exit strategy is about. It is about how you will see your money returned. If you own 20% equity, what good does it do you? None of these dragon's wants to own 20% in just any family company. They hope at some point it will sell for 10 times what it is worth today, and thus get a 10 times return on their investment. It would be a worry when family is concerned, because they may just enjoy running this business for all eternity.

[@brauntough9088]

Peter, has great taste.. Cheers From Canada...

[@Sriram2R]

Good one

[@srciano1]

You know who wears the tarpaulin in their relationship

[@CollinDavis]

2:1 and her husband came to know about it recently. Just wow.

[@glossalth]

Dont be fooled by the Yorkshire thing , They are successful business people who got what they wanted . Probably millionaire today well done.

[@rohanblackmusic5573]

Dry AF - loved that

[@ernestw955]

I once had this kind of coat and before that everything was fine but once i bought one and put it on my camper some ppl thought i could be hiding something valuable there and broke in. From that moment i stopped using such coats

[@frontleftfender]

" we can produce up to 70 covers a week" , that was the most exciting bit for me personally, like 70 thats mind blowing

[@kazkhan6556]

Hilary: “can I just say, my shoulders are out”!

[@adamsmith6594]

That fabric is very good. Air pressure blows it dry from underneath when wind blows and lessens lift off ... rain don't get in.

[@PurpleJamOfficial]

Will you separate your children from the business? Without any thought or consideration straight away: Yes 😂😂😂

[@pkarverful]

No that's fine, it's thinking on your feet

[@paulnolan4464]

Lol

[@AirQuotes]

So have the children built the business and will they benefit from any positive business decision? Then who cares

[@crimsonlightbinder]

throw the lot out :)))

[@EverthingsApple]

They clearly want to sell

[@linuxares]

I hope they expand the covers to like cars, motorbikes etc. I don't know if they created the fabric or only the cover.

[@mkram2154]

Imagine a tent with that material. Stays cool at daytime and keeps dry when it rains. That material can be use for umbrella, shelter and other seasonal options. Sell at North America, Europe and Asia during the winter and sell in Australia and South America during summer.

[@handbanana4899]

Those awkward silences at the end were tenser than some actual arguments in the den

[@CharlesCartierMurdoch]

agreed

[@boon3725]

Dragon: "Here is 100 grand, just take it, no equity or interest needed." Husband: *poker face* "OK."

[@ICEVALLEY100]

Poor man , she doesn’t even consider his input before making any decisions

[@jrbs]

Great for classic cars

[@Dieterbe]

That guy was saying yes to all the questions much too eagerly .

[@jakubmaliszewski8387]

9:17 Duncan's eyebrows!!! "U want 2compare strength of Your POUND"???

[@damnson940]

Theo's mom is proud... Thinking this ma'futus

[@dazem8]

🤣🤣🤣

[@newt1834]

This must be an old episode. However, it is not a coincidence, there is a lockdown and many motor home rentals that are not in use, so this is a reminder of where to get your covers for your motor home.

[@melonheadman1]

Thanks yoda

[@adielstephenson2929]

Great product.

[@proteccovers8795]

Thank you.

[@xrpearth3987]

Who likes the outdoors? Jenny: It has the word "out" so me I like it. Love you Jenny ❤️

[@kayleighbrinkman8863]

Jenny waiting outside in her caravan - “I’m out(side)”

[@wishkid79]

🤣🤣🤣

[@christineallen]

I’m gonna call them to see if they’ll make covers for my garden furniture

[@gamewithadam7235]

Peter "You're Boring" Jones.

[@terraslife6270]

when someone of a calm disposition asks you nicely not to call it a tarpaulin cover, you better listen!

[@getin3949]

BUT......is it MOLD resistant like so many covers AREN'T. They're expensive and they end up rotting and the sun also eats them up.

[@spellywelly]

I’d love an answer to that. I’ll be very happy the day someone invents mould resistant fabric!

[@proteccovers8795]

Good Afternoon, due to the breathable membrane between the fabric any moisture trapped between the caravan and cover will just evaporate and dissipate, you can even put the cover on a wet caravan and it wont cause any damage.

[@LuisPereira7789]

Jenny - I'm out World - You cannot because we are lockdown 😂

[@ketchup5344]

As Vinnie Jones says at the end of a well known movie: its been emotional.😂

[@Nixter1974007]

Decent genuine folk 👍

[@NN-cm2mh]

10:45 you can actually hear cars going by outside

[@CEEEEEEEEENA]

the creature in the blue invested 😂😂😂😂 , my mind is boggling

[@daandemeyer1708]

Did she really just took 2 to 1 when starting a business together? ”it was just made up like that” I have no words for that

[@vicstan5983]

She has planned that. That was not a mistake. Horrible woman

[@stephjovi]

And he had just found out about it 😂😂

[@BB-pf4re]

Saturday show yay

[@yannissotiriadis1267]

That couple dont even need to speak they are on the same path.