Profit Track 100

Rolex and Patek Philippe watches, as well as rings and other jewellery, are sold in this firm’s stores in Edinburgh, Glasgow, Cardiff and Southampton. It also offers watch repairs and bespoke jewellery design. Founded in 1840, it has remained in the Laing family for six generations and is now run by chief executive Joe Walsh, 44. Profits reached £4.1m last year following the 2017 acquisition of Laing the Jeweller, which had been split off from the rest of the business 12 years earlier. In March, Laings announced temporary store closures, but it is still trading online.

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Company details
Year2020
Rank55
CompanyLaings
ActivityJewellery and watch retailer
LocationGlasgow
Annual profit growth52.64%
Latest profits £000s4,144
Latest sales £000s42,440
Staff151
Founded1840
Websitewww.laingsuk.com

If applicable:

* supplied by company † annualised figure