Hamilton & Inches profits rocket in landmark year

Stephen Paterson, Chief Executive of Hamilton & Inches

Edinburgh-based jewellery retailer Hamilton & inches has reported a huge rise in profits for the financial year ended April 1 2017.

In accounts filed by Companies House this week, the jeweller recorded a 331% surge in profits from £217,525 in 2016, to £938,003 during its 150th anniversary year.

The document also shows operating profits for Hamilton & Inches rose by 306% to £1.19 million during the 12 months.

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Turnover for the financial year increased from £6.53m in 2016 to £8.81m in 2017.

HI

Hamilton & Inches chief executive, Stephen Paterson, comments: “These results illustrate the confidence our clients have in Hamilton & Inches product and service, a trust established over our 150 year heritage. As Royal Warrant holders, a visit from Her Majesty The Queen during our 150th anniversary was a great honour for our staff, and investment in new craftsmen and women within the jewellery and silversmith workshops embodies our commitment to making wonderful things under one roof here in Edinburgh for the next 150 years.”

“An increased amount of overseas visitors to Hamilton & Inches were welcomed by our experienced sales team, our Jewellers for Generations advertising campaign across print and digital platforms brought the charm and excitement of wearing and sharing a Hamilton & Inches product to a whole new generation of consumer, and our long-term strategy of sourcing and supplying the finest gemstones continues to endorse the trust and confidence our loyal clients have in us as their jeweller,” adds Paterson.

 

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