Theo Paphitis has turned Ryman, Contessa, La Senza (Lingerie Chain) and Partners the Stationers into successful and profitable retail businesses. He now heads up a 350 store chain with a group turnover approaching 250m.

His latest ventures include Red Letter Days, the company he salvaged out of administration with fellow BBC Dragon Peter Jones.

Theo discovered his natural ability of pointing out the obvious and applying common sense at an early age and in no time he was helping businesses in difficulty and this soon became a full time role. Theo Paphitis has a knack for turning around ailing companies, and repeats it with amazing consistency.

Theo currently appears on the BBC Dragon Den's series.