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 |
| Investor | Duncan Bannatyne & James Caan |
| Founder | Peter 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 name | Chocbox |
| Product | Connecting tool for electric wires |
| Episode | Season 05 Episode 08 |
| Founder | Peter Moule |
| Asked for | £150,000 For 10% Equity |
| Final deal | £150,000 For 36% Equity |
| Dragons | Duncan Bannatyne & James Caan |
| Location | Hanover, 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:
| Year | Accomplishment |
| 2007 | Got Duncan Bannatyne & James Caan as dragons. |
| 2010 | Sales target reset for 100 million units |
| 2023 | Launch of chocbox 2 |
| 2024 | Achieved 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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