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

Pendennis Shipyard Limited - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
|---|---|---|---|---|---|
| Revenue (USD) | 57,223,864 | 45,010,624 | - | - | - |
| % Revenue Growth (YoY) | - | (21.3%) | - | - | - |
| EBITDA (USD) | 5,039,650 | 2,345,354 | - | - | - |
| Operating Income (USD) | 3,336,374 | 982,845 | - | - | - |
| Operating Margin | 5.8% | 2.2% | - | - | - |
| % EBITDA Margin | 8.8% | 5.2% | - | - | - |
| NET Income (USD) | 4,546,181 | 942,948 | - | - | - |
| % Net Margin | 7.9% | 2.1% | - | - | - |
Pendennis Shipyard Limited - employee data


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