Chemilines

The success of Chemilines comes from the vision of the Kenyan-born brothers Ravi and Jagdish Karia. They take advantage of exchange-rate fluctuations and government subsidies to source low-cost pharmaceuticals, perfumes and photographic equipment from abroad and distribute them to the British wholesale market. Their West London firm, founded in 1985, has boosted its profits 69% a year from £1.2m in 1999 to £6.1m in 2002.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2003
Rank24
CompanyChemilines
ActivityPharmaceuticals distributor
LocationWest London
Annual profit growth69.28%
Latest profits £000s6,062
Latest sales £000s47,785
Staff84
Founded1985
Websitewww.chemilines.co.uk

If applicable:

* supplied by company † annualised figure