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Hot 100 2013 – 4: Smartway

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The basics

Company name: Smartway
What they do: Pharmaceuticals wholesaler
Headquarters: Leicester
The Boss: Kirti Patel

The financials

Latest turnover (£,000): 238,420
Four-year compound sales growth (%): 130
Latest Ebitda (£,000): 10,362

The details

Leicester-based Smartway, run by husband and wife team Hitendra and Kirti Patel, is a pharmaceuticals wholesaler. Registered with the UK Medicines and Healthcare Products Regulatory Authority, this family-run business imports and exports drugs to doctors, pharmacists and hospitals across Europe and further afield.

Over the last four years, turnover has jumped from £19.6m to £238.4m, and profits have grown from £2m to £10.4m.

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