Syncbox, Recessed and covered power and AV outlet, was started by Steve Noyes and Duncan Summers in 2009. As of 2024, Syncbox net worth is £84,000 and they’re pulling in a whopping £6,638,225 in annual revenue. 

In July 2015, they appeared on Season 13th of Dragons’ Den UKand made a deal with Deborah Meaden, for £55,000 for 35% of equity. The final valuation was £157,143, down from the founder’s initial estimate of £275,000.

Syncbox is the world’s only universally adaptable, recessed and covered advanced wiring solution for TV, Media and Speaker System Installations. They are still in business. You can buy their products on the company website.

Syncbox Net Worth

Net worth£84,000
Annual Sales Revenue£6,638,225
ProfitsN/A
Lifetime salesN/A
InvestorDeborah Meaden
FoundersSteve Noyes and Duncan Summers
Employees25

Syncbox Net Worth Timeline

Net Worth 2024£84,000
Net Worth 2023£84,000
Net Worth 2022£73,650
Net Worth 2021£58,405
Net worth valuation 2015 after appearing on Dragons’ Den  £157,143
Net worth valuation 2015 before appearing on Dragons’ Den  £275,000

Syncbox Pitch on Dragons’ Den

Company nameSyncbox
ProductRecessed and covered power and AV outlet
EpisodeSeason 13 Episode 03
Founders Steve Noyes and Duncan Summers
Asked for£55,000 For 20% Equity
Final deal£55,000 For 35% Equity
Dragon Deborah Meaden
LocationUK

Syncbox Founders

Syncbox was founded by Steve Noyes and Duncan Summers in 2009. Steve Noyes, based in London, GB, is currently a Managing Director at Lighting of London, bringing experience from previous roles at Syncbox, Noyes Audio Visual, Musical Images and Bluestream Av.  Syncbox’s founders, Steve Noyes and Duncan Summers, have a net worth of £84,615 as of 2024.

Key accomplishments:

YearAccomplishment
2015Appeared on Dragons Den Season 13
2018Sells 3,000 units in the year and available through more than 1,000 locations in the UK, and retail in over 14 countries.

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 Syncbox and its continued success.

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