Chocbox Net Worth 2024 Update (Before & After Dragons’ Den)

Chocbox, Plastic housing that protects cable connections, was started by Peter Moule in 2007. As of 2024, chocbox net worth is  £1 million.

In December 2007, they appeared on Season 5th of Dragons’ Den UK and made a deal with Duncan Bannatyne & James Caan, for £150,000 for 36% of equity. The final valuation was £416.666, down from the founder’s initial estimate of £1,500,000.

Chocbox is a connecting tool for electric wires owned and marketed by Electro Expo LTD. Chocbox is still in the business in 2024. 

Chocbox Net Worth

Net worth£1,000,000
InvestorDuncan Bannatyne & James Caan
FounderPeter moule

chocbox Net Worth Timeline

Net Worth 2024£ 1,000,000
Net Worth 2007£ 1,000,000
Net worth valuation 2007 before appearing on Dragons’ Den  £ 1,500,000

Chocbox Pitch on Dragons’ Den

Company nameChocbox
ProductConnecting tool for electric wires
EpisodeSeason 05 Episode 08
FounderPeter Moule
Asked for£150,000 For 10% Equity
Final deal£150,000 For 36% Equity
DragonsDuncan Bannatyne & James Caan
LocationHanover, Massachusetts

Chocbox by Peter Moule

Chocbox was founded by Peter Moulein 2007. Peter moule is the founder of Electro Expo LTD. Chocbox’s founder, Peter Moule, has a net worth of £234,375 as of 2024.

Key accomplishments:

YearAccomplishment
2007Got Duncan Bannatyne & James Caan as dragons.
2010Sales target reset for 100 million units
2023Launch of chocbox 2
2024Achieved net worth of £1,000,000 

Conclusion: 

From their beginnings on Dragons’ Den to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for chocbox and its continued success.

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