Chemist Direct

Chemist Direct is Europe’s leading online chemist, providing over 20,000 health and beauty products and prescription medicines online at the lowest guaranteed price - with the highest pharmaceutical standards. The award-winning business was launched in November 2007 by British entrepreneur Mitesh Soma. Chemist Direct also offers a variety of key services for the public, including an Online Doctor service, providing quick, convenient and secure consultation over the web from GMC (General Medical Council) qualified doctors, and a team of in-house pharmacists, on hand to offer the best advice on ailments and illnesses via email. Chemist Direct also offers vitamins and health supplements, family planning and sexual wellbeing products, perfumes and beauty products, toiletries, electrical items and baby care products. Our dedicated pets section has a huge range of approved medicines which can be purchased using a prescription from your vet. Our great contacts mean we can source the best quality treatments at vastly reduced prices.
Company Growth (employees)
Type
Private
HQ
Oldbury, GB
Founded
2007
Size (employees)
32 (est)-3%
Chemist Direct was founded in 2007 and is headquartered in Oldbury, GB

Key People at Chemist Direct

Mark Livingstone

Mark Livingstone

CEO
Mitesh Soma

Mitesh Soma

Founder
Gary Dannatt

Gary Dannatt

Chief Operating Officer
Chris Cantrill

Chris Cantrill

Head Of Content
John Wyatt

John Wyatt

Head Of Commercial
James Dunford

James Dunford

Head of Acquisitions

Chemist Direct Office Locations

Chemist Direct has an office in Oldbury
Oldbury, GB (HQ)
Unit 8, Demuth Way

Chemist Direct Metrics

Summary Metrics

Founding Date

2007

Total Funding

$10 m

Latest funding size

$10 m

Time since last funding

almost 4 years

Investors

Chemist Direct's latest funding round in July 2013 was reported to be $10 m. In total, Chemist Direct has raised $10 m

Chemist Direct Financial Metrics

Chemist Direct's revenue was reported to be £11.2 m in FY, 2015 which is a 29% decrease from the previous period.

Revenue (FY, 2015)

£11.2 m

Revenue growth (FY, 2014 - FY, 2015), %

(29%)

Gross profit (FY, 2015)

£2.7 m

Gross profit margin (FY, 2015), %

24%

Net income (FY, 2015)

(£4.2 m)

Cash (31-Dec-2015)

£647.6 k
Y, 2012Y, 2013FY, 2014FY, 2015

Revenue

£15.6 m£26.3 m£15.8 m£11.2 m

Revenue growth, %

69%(40%)(29%)

Cost of goods sold

£12.2 m£21.3 m£12.3 m£8.5 m

Gross profit

£3.4 m£5 m£3.5 m£2.7 m

Gross profit Margin, %

22%19%22%24%

Sales and marketing expense

£1 m£2.1 m

Operating expense total

£4.6 m£9.4 m£7.6 m£6.3 m

EBIT

(£1.3 m)(£4.4 m)

EBIT margin, %

(8%)(17%)

Pre tax profit

(£4.7 m)(£4.3 m)(£4.2 m)

Net Income

(£4.7 m)(£4.3 m)(£4.2 m)
FY, 2013FY, 2014FY, 2015

Cash

£1.9 m£486.8 k£647.6 k

Accounts Receivable

£79.2 k£5.3 k£137.8 k

Current Assets

£4 m£1.6 m£1.6 m

PP&E

£1.5 m£1.4 m£73 k

Goodwill

£102 k

Total Assets

£5.6 m£3 m£1.7 m

Accounts Payable

£3.7 m£1.9 m£1.6 m

Current Liabilities

£4.8 m£2.5 m£2.7 m

Retained Earnings

(£4.7 m)(£4.3 m)(£4.2 m)

Total Equity

(£507.3 k)(£4.8 m)(£7.4 m)

Financial Leverage

-11.1 x-0.6 x-0.2 x
FY, 2013FY, 2014FY, 2015

Cash From Operating Activities

(£4 m)(£4.6 m)(£2.2 m)

Cash From Financing Activities

£5.7 m£3.5 m£2.5 m
Y, 2015

Revenue/Employee

£333.7 k

Financial Leverage

-0.2 x

Chemist Direct Operating Metrics

Y, 2012Y, 2013

Monthly Unique Visitors

10.8 m13.3 m

Orders

480 k517 k

    Chemist Direct Online Presence

    Chemist Direct News

    Chemist Direct Company Life

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