David Lethbridge

www.Confetti.co.uk
  
  


David Lethbridge, 37

www.Confetti.co.uk

What does it do? Provides wedding services, from gifts to dresses to honeymoons.

How it's gone: Bought the second and third players in the online wedding market in October, as well as gift mail order business, Burley House. Recently launched in Germany. Says there is enough money in the bank to see the company through to profitability, depending upon expansion plans. Up from 20 to 60 staff.

Valuation: Valued last year at £20m. Lethbridge had one-third 18 months ago, now "significantly less".

 

Leave a Comment

Required fields are marked *

*

*