Pendennis Shipyard Limited

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Pendennis Shipyard Limited - overview

Established

1988

Location

Falmouth, -, UK

Primary Industry

Consumer Products

About

Pendennis Shipyard Limited is a premier shipbuilding company specializing in the custom construction and restoration of luxury superyachts, known for its meticulous craftsmanship and exceptional service standards. Pendennis Shipyard Limited was founded in 1988 and operates primarily from its headquarters in Falmouth, UK. The company specializes in the custom build and refit of luxury superyachts. Pendennis has established a strong presence in the maritime industry and has successfully completed over 350 refit projects and more than 30 bespoke build projects.


The founder's history includes significant contributions to the luxury marine sector, although specific details about previous ventures are not disclosed. Pendennis Shipyard specializes in the custom build and refit of luxury superyachts, providing comprehensive services for both new constructions and the restoration of classic vessels. The company focuses on high-quality craftsmanship, employing over 550 skilled tradespeople who bring extensive expertise to each project. Pendennis caters to a diverse clientele, including private yacht owners and corporate entities, primarily in the European and Mediterranean markets, where it enhances the yachting experience through tailored design and performance improvements.


Pendennis generates revenue through direct transactions with clients, structured around custom build projects and refit services. Each project involves a detailed consultation process to establish client needs, followed by a formal contract outlining scope and costs. Revenue is derived from both design and construction phases, as well as ongoing maintenance and refitting services, reflecting the bespoke nature of luxury yacht craftsmanship.


Primary Industry

Consumer Products

Sub Industries

Consumer Products, Recreational Hobbies & Sporting Goods

Website

www.pendennis.com

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Pendennis Shipyard Limited - timeline of key events

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Pendennis Shipyard Limited - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)57,223,86445,010,624---
% Revenue Growth (YoY)-(21.3%)---
EBITDA (USD)5,039,6502,345,354---
Operating Income (USD)3,336,374982,845---
Operating Margin5.8%2.2%---
% EBITDA Margin8.8%5.2%---
NET Income (USD)4,546,181942,948---
% Net Margin7.9%2.1%---

Pendennis Shipyard Limited - employee data

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