How much does Laing the Jeweller (Glasgow) Limited make?

Laing the Jeweller (Glasgow) Limited reported revenue of £73.7m and £241k profit in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does Laing the Jeweller (Glasgow) Limited have?

Laing the Jeweller (Glasgow) Limited reported an average of 250 employees in the year to 31 May 2025.

Is Laing the Jeweller (Glasgow) Limited profitable?

Yes — Laing the Jeweller (Glasgow) Limited reported a profit of £241k in the year to 31 May 2025.

Company No. SC278592 · Incorporated 18 Jan 2005

Laing the Jeweller (Glasgow) Limited

Registered name: LAING THE JEWELLER (GLASGOW) LIMITED

Part of Laings UK Holding Limited group

Laing the Jeweller (Glasgow) Limited made £73.7m revenue and £241k profit in the year to 31 May 2025. read from filing text

Laing the Jeweller (Glasgow) Limited’s revenue grew 8% to £73.7m in the year to 31 May 2025, with £241k profit and 250 employees. The company is classified under “retail sale of watches and jewellery in specialised stores” and is based in Glasgow; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47770Retail sale of watches and jewellery in specialised stores

Status: Active
Location: Glasgow, Scotland
Age: 21 yrs · since 2005
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The immediate parent company is Laing Glasgow Holdings Limited, which in turn is a wholly owned subsidiary of Laings UK Holding Limited.”

Latest accounts · year to 31 May 2025

Key figures

Revenue

£73.7m

Growth ▲7.8%

Profit

£241k

Growth ▼82.5%

Profit margin

0.3%

Gross 34.8%

Employees

250

Change ▲4.6%

Profit / employee

£962

Revenue/employee £295k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 May 2022	31 May 2023	31 May 2024	31 May 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£60m	£63.3m	£68.4m	£73.7m
Cost of sales	£39.6m	£41.4m	£44.2m	£48.1m
Gross profit	£20.4m	£21.9m	£24.2m	£25.7m
Operating profit	£5.8m	£4.3m	£3.2m	£1.9m
Profit before tax	£5.5m	£3.7m	£2.1m	£652k
Profit after tax	£4.2m	£2.7m	£1.4m	£241k
Profit (best available)	£4.2m	£2.7m	£1.4m	£241k
Staff costs	—	—	£8.3m	£9.3m
Employees (average)	187	210	239	250
Ratios
Profit margin	7.1%	4.3%	2%	0.3%
Gross margin	34.1%	34.6%	35.4%	34.8%
Revenue per employee	£321k	£301k	£286k	£295k
Profit per employee	£22.7k	£13k	£5.8k	£962
Growth (year on year)
Revenue growth	—	▲5.4%	▲8.1%	▲7.8%
Profit growth	—	▼35.5%	▼49.7%	▼82.5%
Headcount growth	—	▲12.3%	▲13.8%	▲4.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£803k	£5.4k	£4.6k	£4.6k
Net assets	£7.2m	£8.9m	£8.1m	£7.4m
Fixed assets	£7.4m	£8.5m	£15.6m	£14.4m
Current assets	£22.3m	£22.4m	£23.5m	£24.5m
Debtors	£107k	£102k	£185k	£220k
Deferred income	£1.1m	£1.8m	£3.1m	£4.2m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 0.3%; Profit ÷ revenue.
Gross margin: 34.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £295k; Revenue ÷ average employees.
Profit per employee: £962; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 19.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.3%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▼10%; Now £7.4m
Cash at bank: ▼1%; Now £4.6k
Headcount: ▲5%; Now 250
Deferred income: ▲32%; Now £4.2m
Fixed assets: ▼8%; Now £14.4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Laings UK Holding Limitedultimate parent75–100%
Laing Glasgow Holdings Limited75–100%
Laing the Jeweller (Glasgow) Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (2)

Laing the Jeweller LimitedFigures not disclosed
Parkhouse the Jeweller LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2025 (profit £241k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 17 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.