Sara Davies Net Worth, Dragons’ Den, Husband, House

Sara Davies is the queen of Crafter’s Companion. Sara is the newest addition to the Dragons’ Den, a BBC TV business programme for startups, and she is a British businesswoman and entrepreneur. 

Sara Davies’ net worth is estimated to be €37 million. Her earnings are from her company Crafter’s Company and TV appearances on Dragon’s Den and Be Creative. 

The new Dragons’ Den queen joins Deborah Meaden as a panellist and as a replacement for Jenny Campbell whom it took ages before she made her first investment to the extent that her co-stars were surprised she made her first investment after countless “I will pass” for Jenny Campbell. The question is, will Sarah Davies follow the steps of her predecessor or create her own path. This article gives you a breakdown of the youngest Dragon, her net worth, age, husband and children and house.  

Early life

Sara Davis was born on 23 April 1984 in Coundon, County Durham England. Her mother owned a paint and wallpaper shop while her dad, who was a serial engineer got himself involved in many things. Sara attended St. John’s School in Bishop, Auckland. She attended the University of York and graduated with a first-class degree in business. 

She got the idea of her business while on a work placement at craft supplies during the third year. It was a local crafting business run by a group of women. Seeing the gap in the market, she made use of her spare time and allowed her heart to lead her. Her idea was crafting envelopes for greeting cards crafters, so with her dad’s help, she developed The Enveloper, a device that allows you to make envelopes of different sizes. Sara’s family was supportive of Sara’s venture in setting up a crafting company. In Sara’s words, “Dad’s the engineer, he did the prototype and local joiner in Coundon, made it in MDF. I had no money and a little bit of an idea and went to Business Link who helped me get it patented.” 

https://m.youtube.com/watch?v=MoKIMUs-6u8

In her final year, she turned her university bedroom into her first office. She managed to do this and kept herself on top of the class by graduating with a first-class degree. However, she roped some of her mates into answering calls and taking orders while she was at classes. In her first year of business, her first employee was her best friend’s mum Kamela who is now on the company’s board. By the time he graduated in 2006, the business was generating over €500,000 having employed the services of a fellow student to build an e-commerce website for him. 

Before then, she appeared on a TV shopping channel, Ideal World, which helped speed us the sales of her craftwork to 30,000 units within six months. During this period, her husband, who is now a co-director of Crafter’s Companion, was checking out the property for their new home after the wedding.

 

https://m.youtube.com/watch?v=z2NYRZwikuA

Crafter’s Companion

Crafter’s Companion started in Sara’s University bedroom and now exports its products to over 40 countries globally. Today, the company sells paper products, paints and other stationery as well as sewing kits and accessories. Crafter’s Companion has a UK headquarters in Newton, Aycliffe and outlets in Evesham, Chesterfield and Colne. The company has a head office in California which contributes over €4.5 million of the company’s profit. The company aims to be a €100 million business. The company’s growth had a problem when the company entered a legal dispute with Helix, a major stationer competitor which launched an imitated Crafter’s Companion product. 

Sara Davies achievements and awards

Sara’s determination, work rate, success and entrepreneurial prowess have not gone unnoticed. She has won some awards in the process. The highest of them was being appointed Member of the Order of the British Empire (MBE) in 2016 for her services to the economy which she received at the age of 32. In 2010, she received the award of Emerging Entrepreneur of the Year award from Ernst & Young. In 2013, she was awarded the entrepreneur of the year at the Shell Women of the Year Awards. She also won an international Stevie Award for Women in Business the same year. 2015, saw her receive Young Guns Entrepreneurs title by the expert judging panel at startups.co.uk. Sara was also recognized by Lloyds Bank National Business Awards in 2019: the Outstanding Contribution to British Business Award. 

Dragons’ Den and Sara Davies

Sara had had several TV appearances before she invited to join the panel of Dragon’s Den show. In 2015, she hosted Be Creative, a local Television Limited’s craft show. Sara joined Dragons Den in 2019 for its seventeenth series as the youngest Dragon at the age of 35. She replaced Jenny Campbell, who relinquished her position to concentrate on her role at the Prince’s Trust Enterprise Fellowship Programme and to assist her two sons to grow their businesses. Sara has been a fan of the show which debuted the year she started her Crafter’s Companion. In 2016, she was invited to pitch on the show, but she declined to appear because she had already raised the money she needed to run her business and was making a profit. She embraced her new position with all enthusiasm and had made up to nine investments on the Dragons’ Den going head to head with the richest “Dragon” Peter Jones. 

Her investments include but not limited to: 

• TanCream – A premium moisturizer with SPF50 UV protection and organic sunscreen 
• PipeEasy – A simple easy to use device that allows users both DIYer and time-served tradesperson to precisely cut around those previously thought of difficult pipes. It is owned by Teirnan. 
• MakTok – A cooking recipe (vegetable curry) owned by William Chew 

Sara Davis: Husband and Gouse 

Sara Davies married Simon Davies, her long term boyfriend whom she had dated since she was 15 in September 2007. They have two children together, Oliver (six) and Charlie (three). They live in Teeside in North East Eagle on a property they bought in 2017. 

Sara Davis Net worth

Sara Davies’ net worth is estimated to be €37 million. Her earnings are from her company Crafter’s Company and TV appearances on Dragon’s Den and Be Creative.