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 |
| Profits | N/A |
| Lifetime sales | N/A |
| Investor | Deborah Meaden |
| Founders | Steve Noyes and Duncan Summers |
| Employees | 25 |
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 name | Syncbox |
| Product | Recessed and covered power and AV outlet |
| Episode | Season 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 |
| Location | UK |
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:
| Year | Accomplishment |
| 2015 | Appeared on Dragons Den Season 13 |
| 2018 | Sells 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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