Glass Crusher Pete Refuses To Give Clear Responses To The Dragons | Dragons’ Den
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- เผยแพร่เมื่อ 7 ก.พ. 2025
- Pete Ancketill is pitching 'Glassbusters' - Glassbusters have created a new, 'total convenience' solution to dispose of empty glass bottles. He's seeking an investment of £200,000 in return for a 10% equity stake but the Dragons can't get over the £2m business valuation...
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 #GlassBusters #NationwideBusiness
This is my favorite kind of Dragon's Den video - massively over engineering solution to a pretty small problem, forecasting massive profits within three years, and, critically, an entrepreneur that appears somewhat annoyed to be there in the first place. Love it.
I was very interested in seeing why this is was different from those large bins that you put glass in for recycling.
Beautifully said
I don’t get it: why crush a bottle to make a bottle?
@@sararichardson737 they have to melt down the bottles to clean and recycle them, so they’ll have to crush whatever bottles they have anyway i assume. it seems like a very niche thing
The only thing it's missing is the entrepreneur proudly valuing his company at exactly one million dollars, thinking that will impress investors more than a smaller number they put actual thought in.
I live in México where bars and restaurants collect the beer bottles, the suppliers pick up the empties, they go back to the bottler who cleans, re-labels as required and refills the bottles. Recycling is great, but reusing is (usually) even better.
Re using is great but all the cigarette butts in them people with viral infections cold sores etc. Does it really clean them properly?
It would take a full time employee to feed the bottles to the machine all night.
The noise is horrendous for customers!
Lolol
@@johnsmith-wx5fb I wouldn't trust Mexico with cleaning anything. If you've ever even visited you'd understand my concern 😂
@@ellencampbell3921 no it wouldn't the staff member that already picks them up would be doing it
That doesn't work because companies have their own style of bottles corona aren't going to put beer in a Pepsi bottle an vice versa
Ah, bars and restaurants. I remember those.
Ah yes.. I can.. Vaguely remember them too I think.. They were legal back in my day
what are bars and restaurants?
LOL
meanwhile living in sweden where we have had no quarantine whatsoever =) brb gotta go buy some pizza
Ok boomer
When Sarah said that, as a restaurant owner, she couldn't even imagine installing one. That, right there, should have been the end of it
The_Walking_Ginger
The amount of space, rent, noise, pick up fee,
Is why I like casks to hold beer, wine, muscatel and brandy.
Recycling?
Lol
Lol, you are lacking comprehending the dialog between them, what a restaurator guru you must be xD
One person and an anecdote doesn't speak for every owner out there.
When u try too hard at grammar 😂
Unless the law takes a turn towards restaurants being more "green", as it has in other industries, and Sarah is given no option but to instal one... suddenly, the investment potential skyrockets exponentially. I assume the Dragons would expect these trend changes.
_"So, how much stock do you have right now?"_
*In year 23, we plan on stocking 26,000,000 units.*
_"Oof, okay, let's see, what's your revenue been for 2015?"_
*We plan on making 60 trillion in 2090, net profit 80 trillion.*
Seems legit
And it starts with "this year we are at a loss, next year we project 60k profit, year 3 we predict 10 mil😂
companycheck.co.uk/company/07746959/GLASSBUSTERS-LIMITED/financials#key-financials
@@MichaelGarland Looks like the deal fell through then, no £200,000 cash injection. Shame.
Why sell it in 5 years price when you can sell it in 50 years price?
I think he just likes the sound of smashing bottles to be honest...
Kane Gardner , I most certainly love the sound of breaking glass , always have .
🤣🤣🤣🤣🤣
😂😂😂
Who doesn’t?
NOOOO! THIS WOULDN'T BE A VIABLE BUSINESS!
haha glass go krrsh
I love Nick. He's fair and polite to a reasonable point, but he can also be cold and calculating when needed. He's like the best of James and Peter combined.
Hear hear! A great gentleman who always treat people with respect. This is why he and Richard Farleigh are my favourite dragons.
James is a snake 🐍
Totally agree
Shame he has a laughable business name lol moon pig i wonder if he regrets that choice of name. Surely not many take him seriously when that name comes up. Wonder what he was smoking when he came up with that master stroke?
Completely agree!
I ran a bar that he pitched these to. The machines are great, quieter than the ones here and turn the bottles into tiny pebbles. Problem for the owners was cost. Hope they managed to come to a more flexible price point.
The look on Peter' face when he finds out that the equity stake was negotiable = Priceless lol
Of course, just ask. You don't get if you don't ask.
Peter's look seemed a combo of "you are extremely fortunate to have an offer" and "you have no idea how close you are coming to bringing down the deal"
If I'm honest, I would struggle to believe a straight answer from someone called Glass Crusher Pete anyway
I hope these Dragons Den vids never stop coming 👌
Me too. They make the flipping lockdown better.
Agree, I don't even ever plan to start a business. For some weird reasons I just wanna see people getting deals lol
Dinner time is spent watching a new dragons den, the day they don't upload just feels so empty 😩
I hope there are still some Jenny episodes, if yes, then dont spray them all at once. Feed us slowly.
I hope they stop as soon as possible.
To the surprise of no one, bankruptcy/liquidation was finished by 2023.
Startups are tough at the best of times 🤷
Peter: "What's your business model?"
Pete: "Well, I know a Latvian girl, but she's a bit shy in front of cameras"
"we're only on this planet once, I'll accept your offer"
I like the way he said that. We only get one life to live and I bet a lot of people grow old regretting the risks they might have taken, but didn't, never knowing what might have been.
Yep best talk he gave all pitch. Good on Nick for backing the product and having the patience to take this on and hopefully make it succeed.
No, this life is not all there is.
@@Miss_PANDAS ❤❤❤❤
Little does he know, In March 2020 all pubs, bars and restaurants will be closed for 4 months.
@jmh harris I’m from the future to tell you there’s a vaccine being implemented and is successful. So far at least
Make that going on for 1 year..
Only four months?
@@Achilles053 well, the bars are still closed so..
@@kiradotee sadness :( past me was not good at telling the future. It seems @A has managed to predict better than me
Peter Jones talks about "giving it a punt" with £200k. I struggle putting a 10er in my sky bet account. 😂😂
Martin Shepherd yep I thought there was gonna be a reply like urs
@Martin Shepherd bet your some buzz at parties pal
Alan Hock better than being broke
@@leweee without a sense of humour I could imagine life would be grim with or without money my friend. Cheer up and laugh more instead of putting negative comments on TH-cam🤷♂️
@@alanhock5760 And 'bet your some buzz at parties pal' isn't a negative comment?
Ever heard of a conversation Alan? It's what some people actually do at parties :')
This person is like a politician, he does not answer the question and talks crap!.
He is awful at answering questions, but at least his business helps the environment.
He's even worse then the politician's answering questions on Cummings.
Pretty sure Nick Jenkins flushed his 200k down the toilet there
@@cun7us no, it wastes energy crushing and reforming bottles instead of just reusing them.
Double speak.
I’m in a cycle of watching dragons den videos back to back for hours
Me to
Amazingly the company is not dissolved but its not doing well. At the start of 2020 it had 21k in bank and the assets aren't much either. Indeed a relatively small shop would do better
Nick doesn't let ego interfere with his analysis. He is the best of the bunch.
It wasn't an ego thing here. He deliberately took a punt on the product because he liked it.
Yeah I wouldn’t call it ego. These are experienced investors and business people and they’re not desperate. They’re in positions where they can turn down business opportunities just because they don’t get on with a person. Any of them could turn this business into something successful, they just don’t NEED the extra success if it’ll burden them too much.
“I’m a businessman not a presenter” net profits of £0
Utterly shocked nick made him an offer!
That company is now doing very well...
Yeah. You dont have to be a businessman OR a presenter to know that you cant ask for investment based on a future valuation. That was a huge red flag.
Personal PC if a company with a negative balance is doing well what do you call a profitable one?
@@personalpc7439 By what metric is it doing very well? they're still running in the negative
@Martin Shepherd So they are actually doing somewhat okay, if they have a balance of 67k quids. ;)
Damn they ragged on him and he still walked out with a deal lol
He should have named it "glasshole". 😊
8:18 you just can't help expecting that Tuka is after his office in London again whenever he asks about offices, permises and land etc. lol
You know she's trying to twist the knife when she says "I've never said that to anyone before"
No need at all. The best was peter i cant remember the product two israeli businessman he said to one of them seemingly out of leftfield "there's something very nasty about you" 10 mins later i think he felt guilty about saying it , he invested in them.
The bloke should have been more transparent. 😂
john smith Yeah he said ‘There’s something about you that’s actually quite horrible’ then later was shocked he said that and took it back
@TIGERWOODSBOYFRIEND 😂😂😂
etherealessence When I heard that I wanted to say back to her, "Well you ought to get out more then, hadn't you?" Probably would never be a good idea for me to need money from the dragons....🤔
I worked in a framing business. They just smashed glass straight into a wheelie bin and gave no fucks about it getting everywhere. This is an amazing idea and breaks away from the council pocketing all the waste that glass companies produce. Especially if they find a way to recycle this glass it could work for sure.
Touker - Office Space
Tej - Vitamins
Deborah - the big boys
Jenny - Out
Doug Richards - young children
Peter - valuation
Theo - my childrens inheritance
Company filed for insolvency in 2023... Surprised he lasted that long with his attitude.
Nick didn't invest after the show due to things about the company being left out of the pitch. The company, Glassbusters, is still operating 5 years later but is still not earning any money, it's estimated value is -£80,000 due to overheads and rent.
Aww. Wonder what the problem was.
How's he living?
@@johnsmith-wx5fb - Well, the business only breaks even because bills have to be paid and employees have salaries that need paying including his own.
@@johnsmith-wx5fb he lives inside one of the machines and eats broken bottles
@B B Even if the dragons invest they never become directors, just shareholders mate, so they wouldn't appear as directors on companies house etc
Goes through the silencer? Still freaking loud!
😂 that made me laugh too. The ‘silencer’: a small plastic tube that sits on top of the metal box in which bottles are smashed to smithereens.
thats because the bottom unit ( the crusher ) would be installed below floor level, away from the bar.
Sarah was a really good dragon, I wish they'd stuck with her
Why did they get rid of her?
Maybe she left them.
I fancy her a bit ngl
@@somemong989 don’t we all
And burning hot
Let's all take a minute silence for Nick's money
His heart will be shattered
MoRob well it’s a heart of glass.
The deal probably never went through.
@@TadRaunch indeed, his page only shows a owner
Lol'ed :))))))))))))))))))))
In my area, all the bottles are returned to the store, to get the deposit back,
“In usually covered in muck”..... ok then I’m investing in that business 😂😂😂😂
The guy they hired to write puns for this show must be making a fortune.
That's how Peter Jones got so rich.
Debroah to Sarah: "Copycat!"
Totally
The man basically said, “YOLO, we got a deal”.
I feel like the dragons have a hidden way of communicating ...
It's called the green room.
Wide legged power stance while presenting your pitch. Alan Partridge would approve.👌
Glass Crushers Norwich
Seems a bit dodgy that he wouldn't say what he does outside this company. What does he have to hide? Just a strange decision and I think it would have been a red flag for the dragons
@dormie basne Is it mafia slang for a hitman?
Lets just leave it at waste management
Not dodgy at all. Thats not whats on offer. If you've watched dd before, you'd know the dragons have a habit of getting the other business involved in the offer. He doesn't want that so doesn't go there. Seems perfectly fine to me.
@@MsMaryPatricia whether the dragons invest or not is their decision. If he wants to put the other company on the line he'll say that. Do you go to a car dealer and if he offers you a car for 5k, say no, also put your house in? If the dragons feel like they're being taken for a ride, don't invest, simple. No point messing with people's livelihoods. The only reason to do that is hope the entrepreneur isn't ready and undervalues their other business and you get a good deal at the cost of the entrepreneur and their family.
Slave trader. The man showed his ruthless streak in the elevator.
He should make deals with the local bottlers (or their bottle makers) to supply the glass back to them as locally as possible.
I like how he basically accepts the offer with a YOLO. 😂
Over 70 % of restaurants pubs nightclubs fail due to empty bottle labour costs and empty bottle storage area lease fees
I work in a cocktail bar we really value Zero waste
We had one of these for about 3 months
you can put about 10 bottles in one after the other and the machine breaks down and needs to go in for repairs
so after the 4th or 5th time we just gave it back..
I’m not surprised.
Nick Jenkins does great at looking at the ways the gears in the businesses pitched actually works.
When you see that there is still 4 minutes of the video left and 4 dragons have already pulled out..u know then and there that the 5th dragon is definitely going to offer him..
I m a genius..
Oh WOW!! I was not expecting that ending
Well, at least the company is still running. Unlike a lot of the other ones that come through the Den. ☺
Doing well?
@Martin Shepherd double negative? He must be doing well then!
@@rippawallet I see what you did there. 😉😊
@@BY-ux9pi Unfortunately, they're not doing well. I couldn't find whether the dragon was still involved or not, but I pretty much doubt it.
If I were nick and seen him pull that 40% comment at the end I would have made sure I got 40%, silly comment
"We are on this planet once", - well said 👏
It kinda felt like Peter Jones doesn't understand DCF valuation, was that just me?
Just try telling him that his businesses can’t trade on the LSE with a PE ratio of more than 1 and see what he says. To not take future earnings in to account when valuing a business is ludicrous and he knows it.
@matt WTF LOL
@@matt82957 LOL
By his reasoning, no one would buy anything ever. A car? Nope, unless you can drive for Uber till the cows come home so you can make the money back in a year, it’s not worth it 😑 He basically only wants to to invest in pyramid schemes! No risk involved /s. Kind of defeats the whole concept of investing?
To add to that, even if someone had a genuine proposition that good - would anyone bring that to the den? At the returns he wants, any sane person with such a good business would get a loan, end of story. So sick of hearing the same spiel in each episode.
After hearing all of Sarah's reasons, if I was a Dragon, I would have said 'I'm Out', no conversation.
What I don't understand is why we make glass bottles use them once , then smash and recycle to make new bottles, surely it's better to collect them , wash and sterilize them and reuse, just like we did years ago.
“Nick probably could’ve got more, I would’ve let him go to 40%, but I wouldn’t let him know that” He says on National Television 💀🤡
Right in time for my lunch break 👍
Same here, litteraly eating my lunch right now🤣
@@DecOnDeck me too haha 12.30 to 13.00
According to Companies House records, Glassbusters never made a profit and is now in liquidation.
"I will gladly pay you Thursday for a hamburger today"
Dragons: what colour is the sky?
Inventor: clouds are white.
This guy is talking out his glass
Hahaha. U funny guy.
That made me laugh
Just checked the company status - In Liquidation
Petes mouth needs a cap
It does not make any sense . In a bar / restaurant they put all the bottles in bags when they close as part of the cleaning and it cost no more money . It just creating an unnecessary need .
I’m amazed he got the offer.
nice guy glad you got a deal all the best for your future
The company is in liquidation now.
I was in charge of Health and safety in a bunch of restaurants and bars in large hotel, this POS would not be coming on the premises. Yeah mate I want a bunch of broken glass sitting around near my food and beverages or for hungover students to mess up with...and wheelie bins don't break down at 3am in the morning. we would need a person standing at the machine around the clock.
With 85% businesses failing in the first year, the key is to do nothing and watch the money stay in your pocket
Money in your pocket doesn't make more money.
I like the sound of bottles in a bar, adds life to the place.Where does this man drink where the noise is unreal, to then come up with an idea that is not needed. Maybe he should drink more
Another solution looking for a problem. £180 a month to have their glass removed...can't see many places taking him up on this offer.
It's Four times more expensive than you think.
@5:00 Collection fee Costs £181 Per Week.
I hate the fact that they treat people who don't make money so badly and the ones that do make money they want a chunk of it.
It’s not a charity show
They're looking for profitable investments. If the business isn't making money, what's in it for them? If you went into a restaurant and they said they didn't have any food today, you wouldn't pay them for a meal. It's the same with these businesses.
In Canada, they want the bottles back so that they can be washed and relabeled and refilled. Why break the bottle and then have to heat it up to red hot to make a new bottle?
@Martin Shepherd Yes, because you don't have to transport the broken glass anywhere. And the heating doesn't take up any energy.
@Ejuice Vaper I can remember my old man taking back his empty Newcastle Brown Ale bottles to the social club every week... I think he used to get 5p back per bottle... Memories!!
Can't believe the guy that does the voiceover didn't say "Pete did a smashing pitch"
He said "he smashed it"
Sarah was always one of my favourites.
Fit.
You would
Looking sexy as normal today.
Would smash.
Tom G ye man she’d get it all owa
Yeh. I worked in a bar and all the suppliers wanted their bottles back.
He smashed it
I like how the bottle gets destroyed only to be made back into a bottle.
A machine that crushes glass on the premises .. Mmmmm for ten grand a year .. why why Oh why would anyone pay for such a pointless contraption..
Keep earning money at the bar
Wikipedia Nick Jenkins was never listed a shareholder so they believe the deal wasn’t completed
Maybe they should use sign language with this guy or ESP because getting him to listen to words seems impossible.
You're a follower. If Deborah had said she loved his ease of communication you'd say i like this guy. Dont worry sarah copied Deborah too
john smith I’m a businessman and this guy is a walking cash haemorrhage
@@johnsmith-wx5fb definitely I think they was too hard on the guy.
In Finland we have a "pantti" (translates into a pledge or pawn) system. You get 0.10 to 0.20€ for every bottle you recycle. You get a receipt that you can use in a store and we have "pantti" machines in every store so you get money back for recycling.
Ok we have that here aswell but the point of his company is for use in bars though
"Pantti" machines are in Japan too. Quite different, though.
I don't want to invest today, on tomorrow's price. Amazing quote Jonesy!
Most sensible person I’ve ever seen
That has to have been Nick's largest investment amount ever on the show! I doubt it actually went through.😄
Can't believe the ending! They are still in business though!
Nick was a FANTASTIC Dragon, I miss him..
Brilliant video great stuff 👍
Peter "dad jokes" Jones always with the last word
He's got nothing on the narrator, though
@@aaronhurst4379 yeah but the narrator's delivery is terrible
Pete should become an MP, he can't answer any question directly and manipulates his answers.
Did not see that coming lol. I was like "oh you have to take that deal boi"
Peter is a bit of a silver fox 😋
Bloody hell... Didn’t see that coming from Nick!
Broken glass doesn’t belong in the hospitality food service areas
Good on him!!!!
I really think that Nick is one of the smartest dragons the den had
This guy now owns 7 brothels and a takeaway shop in Cornwall. Anythings possible
13:06 has to be the best business lesson on closing.
Now that certain countries that I won't name are no longer willing to import this crushed glass, this product is effectively worthless. At least it is where I live, all of the rubbish facilities wont even accept them anymore.
As someone who has been in the trade for 23 years (tho not for the last 5 months), glass disposal isn't an issue. Downstairs cellars aren't as common in bars anymore, especially in big city centres. The main problem is SPACE. Cellars big and small are packed with kegs and cooler systems and different machinery and for health and safety reasons space still needs allocated for safe manoeuvring by staff... that's why good old fashioned glass disposal as he demonstrated at the start is still used. Staff wear ear protection and safety glasses and most of these glass bins are kept off-street/alleys and away from customers. They're also collected and recycled. Yeah, it's a racket, but very rarely for customers that it's a problem.
Can't see much traction in that business. A lot of bottles are reused. They are sent back to the manufacturer, cleaned, sanitized ready to be used again.
The company still exists, and are ticking over, but did the deal with Nick go through? I think not.
Yeah, I usually check www.tigermobiles.com/dragons-den/# for such information but this is the very first time there's no entry whatsoever...
@@Kris_Aalst that's an interesting site, thanks
Don't the bottles have to be sorted by color before they're crushed?
I guess it depends on the type of recycling. Glass waste bins exist, a big bins in basements of flats, with slots for bottles with brush coverings so any glass that breaks flying up won’t hit the person in the face or hand.
I just don’t know how this is that different… I guess the machine crushes it instead of just letting gravity do it?