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

Tubfix, a Bathroom construction service, was started by Laurence Beeke in November 2018. As of August 2024, Tubfix’s net worth is not available. 

In 2018 they appeared on Season 16 of Dragons’ Den UK and made a deal with Deborah Meaden, £50,000 for 33% of equity. The final valuation was £151,515, down from the founder’s initial estimate of £250,000

The business has not been in operation since 2021 and the product is no longer available in the market. According to our online research, TubFix went out of business in 2021.

Tubfix Net Worth

Net worthN/A
InvestorDeborah Meaden
FounderLaurence Beeke

Tubfix Net Worth Timeline

Net worth valuation 2018 after appearing on Dragons’ Den  £151,515
Net worth valuation 2018 before appearing on Dragons’ Den  £250,000

Tubfix Pitch on Dragons’ Den

Company nameTubfix
ProductBathroom construction service
EpisodeSeason 16 Episode 9
Founder Laurence Beek
Asked for£50,000 For 12% Equity
Final deal£50,000 For 33% Equity
DragonDeborah Meaden
LocationLondon

Tubfix Founder

Tubfix was founded by Laurence Beek in 2018. Laurence Beeke was a copier engineer who sold his photocopying business. He was redoing his bathroom and battled with constructing the traditional wooden framework. Tubfix’s 

founder, Laurence Beek, has a net worth of £74,000 as of 2024.

Key accomplishments:

YearAccomplishment
2018Appeared on Dragon`s den in Season 16 Episode 09 & got Deborah Meaden as a dragon.

Conclusion:

Some companies that appear on the show have not achieved great success, and Tubfix is one of them. Sometimes businesses don’t succeed for many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However,  Tubfix went out of business in 2021. And the product is no longer available in the market.

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