Ian Blowers Jewellers Limited, a specialist in pre-owned luxury watches, has seen sales rise by 13% in the year ending September 30, 2016.
Turnover rose to £10.91 million for the financial year, while operating profit increased from £1.36 million in 2015 to £1.46 million in 2016.
Ian Blowers specialises in buying and selling previously owned watches from the relatively accessible to the finest examples of haute horlogerie, the company says.
Along with an online presence, the business operates from a Kingston upon Hull Boutique or, by prior arrangement, from an office in the heart of London’s Mayfair.
“The director is pleased to report another successful year of sustained growth, targets met and margins maintained,” said director Mr Ian Blowers.
“It is expected the coming year to see continued growth in a tough competitive industry,” he adds.