Inglot Cosmetics Booked €200k Profit In 2016

02 Jun 2017 | 10.07 am

Inglot Cosmetics Booked €200k Profit In 2016

Swarbrigg family run franchise doubled headcount to 119

02 Jun 2017 | 10.07 am

Inglot, the Polish cosmetics franchise operated in Ireland by the Swarbrigg family, saw its Irish operation book a profit of €200,000 in the 12 months to June 2016.

The 2016 account filings for Inglot Cosmetics Limited recorded a 36% growth in year-end cash to just over €1m. The firm’s debtor book value also jumped from €11,000 to €365,000. Short-term creditors totalled €2.1m.

Geraldine Swarbrigg brought the Inglot franchise to Ireland in 2009. Prior to this she operated clothes stores in Mullingar and also took on the Vero Moda franchise in Ireland. Inglot’s cosmetics range, which includes lipsticks, eyeshadows and nail varnishes, emphasises brash, vibrant colours and is popular with younger users.

Geraldine and her husband, Thomas, are joint shareholders of the business. Their children, Jane and Peter Swarbrigg (pictured), took over the reins of Inglot for its day-to-day operations a couple of years ago.

Jane Swarbrigg (34) learned the retail trade from hands-on experience, working in her mother’s various businesses. She also studied PR and events management, and has worked with brands such as Monsoon and Accessorize.

Peter (31) has an accounting background, having studied accounting and business in Waterford. He lived in the US for a while and previously worked with AIB in Dublin.

The majority of Inglot’s 15 stores are clustered in Dublin but it has begun expanding nationwide, with outlets in Galway, Limerick, Cork, Waterford and Belfast. Most are kiosk-type setups located in shopping centres.

Inglot nearly doubled its headcount to 119 in 2016; average remuneration was €28,000. The company’s net worth in FY 2016 was €704,000.

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