Interport

Interport Ltd was established by the Managing Director, H. Patel, in 1982 to import, label and distribute pharmaceutical products. Already the owner of a well-known chain of successful chemist shops - EM-ESS (Chemists) Ltd., in Liverpool, he sold these in 1994 to concentrate wholly on the opportunities in the wholesale business.

In 2001, 2002, 2003, 2004 Deloitte and Touche in The Independent on Sunday, congratulated Interport on being one of the UK�s fastest growing companies.

We were voted number 30 on the 2000 Virgin Atlantic Fast Track 100 league table, and number 32 in 1999.

Interport has concentrated upon the opportunities presented by the growing market for Parallel Imported products within the UK.

P.I. or Parallel Importing (Imported Ethicals) is the sourcing of branded products in European (E.U.) markets and importing them into the UK, where they are distributed in competition with identical products supplied by the original manufacturer.

A generic drug is marketed under the chemical name of the principle active ingredient rather than a brand name. Generic drugs can only be sold after any patent protection covering the original branded drug has expired. Generic drugs are marketed alongside the original branded drug and are often considerably cheaper.

Company Growth (employees)
Type
Private
HQ
Croydon, GB
Founded
1982
Size (employees)
59 (est)+2%
Interport was founded in 1982 and is headquartered in Croydon, GB

Interport Office Locations

Interport has an office in Croydon
Croydon, GB (HQ)
Marlowe Way

Interport Data and Metrics

Summary Metrics

Founding Date

1982

Interport Financial Metrics

Interport's revenue was reported to be £22.9 m in FY, 2016 which is a 60% decrease from the previous period.
GBP

Revenue (FY, 2016)

22.9 m

Revenue growth (FY, 2015 - FY, 2016), %

(60%)

Gross profit (FY, 2016)

911.7 k

Gross profit margin (FY, 2016), %

4%

Net income (FY, 2016)

(1.3 m)

Cash (31-Mar-2016)

172.5 k
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

121.1 m113.1 m57 m22.9 m

Revenue growth, %

(7%)(50%)(60%)

Cost of goods sold

112.3 m111.6 m55.1 m22 m

Gross profit

8.9 m1.5 m1.9 m911.7 k

Gross profit Margin, %

7%1%3%4%

Operating expense total

4.2 m3 m3.2 m3.2 m

Pre tax profit

(2.4 m)(1.7 m)(1.4 m)

Net Income

(2.2 m)(1.9 m)(1.3 m)
GBPFY, 2014FY, 2015FY, 2016

Cash

2.5 m430.1 k172.5 k

Accounts Receivable

17.1 m7.6 m2.4 m

Current Assets

28.5 m12.2 m6.7 m

PP&E

7.3 m7.2 m6.9 m

Goodwill

248.8 k223.8 k344.4 k

Total Assets

36.1 m19.6 m13.9 m

Accounts Payable

13.7 m3.7 m455.3 k

Current Liabilities

18.3 m5.2 m1.5 m

Retained Earnings

(2.2 m)(1.9 m)(1.3 m)

Total Equity

15 m11.8 m10.2 m

Financial Leverage

2.4 x1.7 x1.4 x
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

(981.8 k)2.7 m(1.3 m)

Cash From Financing Activities

(258 k)(228 k)(1.7 m)

Income Taxes Paid

211.4 k(220.5 k)163.6 k
Y, 2016

Financial Leverage

1.4 x

Interport Company Life and Culture

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