Online sales at the firm have continued to grow within overall turnover, with an increase of 110% from the previous year.

The jeweller has also revealed that the £3m investment in its Edinburgh showroom was finalised and unveiled at the start of the 2021 financial year.

Victoria Houghton, CEO of Hamilton & Inches, said that following several years of disruption, the 2021/22 financial year saw a level of normality return to trading.

She said: “During the year, we unveiled the results of our £3m investment in the transformation of our Edinburgh city centre showroom which brought a contemporary feel to the retail floor, workshops and service areas while rejuvenating the original features of the beautiful Georgian building we call home.

“The renovated showroom has allowed us to elevate our luxury service offering and provide an unmatched customer journey in Edinburgh from start to finish. Some of the most exciting changes include the expansion of Patek Philippe’s presence and the refurbishment of The Rolex accredited workshop, which achieved the prestigious Rolex Service Centre status earlier this year.

“Whilst these efforts bring a fresh approach to many aspects of the business, there remains an unwavering commitment to preserve and nurture the heritage of our 156-year-old brand. This is achieved through our incredibly talented team of young craftspeople, who infuse a contemporary flare into collections whilst using traditional craft methods.”

Looking ahead, Ms Houghton added: “We continuously look at ways to evolve the business and ensure the longevity of craft in Scotland. The launch of our barware collection allowed us to tap into a luxury, homeware market and introduced us to new clientele and opportunities for growth.

“Whilst there will undoubtedly continue to be challenges, we are confident and committed to ensuring that Hamilton & Inches continues to be a destination brand on the Scottish luxury landscape for many years to come.”