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PAYMENTCHECK
HomeCompany SearchBlogAwards
Sectors›Waterways Travel›PENDENNIS SHIPYARD LIMITED

PENDENNIS SHIPYARD LIMITED

PaymentCheck Score 2025
54Fair
#4272 in UK
#10 in Waterways Travel
#222 in South West

Company Information

Company Number
02990094
Registered Address
The Docks, Falmouth, Cornwall, TR11 4NR
Status
Active
Employee Count
450
Turnover
£66,265,000
EBITDA
£5,396,000

Additional Details

Website
https://thependenniscup.co.uk/
Company Type
Private limited Company
Incorporated On
14 November 1994
Nature of Business
30120 - Building of pleasure and sporting boats
Industries
Waterways Travel
Region
South West
Payment dataScore historyFinancialsLocation

Time to Pay

Average Time to Pay
48 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
28%
31-60 Days
41%
After 60 Days
31%
Not Paid Within Terms8%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2026-03-05
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2025 - 31 Dec 202505 Mar 20264828%41%31%8%
01 Jan 2025 - 30 Jun 202527 Feb 20264323%45%32%2%
01 Jul 2023 - 31 Dec 202305 Mar 20244727%40%33%2%
01 Jul 2022 - 31 Dec 202225 Jan 20234231%41%29%2%
01 Jan 2022 - 30 Jun 202217 Aug 20224526%40%34%2%
01 Jul 2021 - 31 Dec 202110 Feb 20224428%38%34%8%
01 Jun 2021 - 30 Jun 202126 Jul 20214526%35%38%15%
01 Jul 2020 - 31 Dec 202010 Feb 20214826%36%38%8%
01 Jan 2020 - 30 Jun 202022 Jul 20205216%31%54%35%
01 Jul 2019 - 31 Dec 201911 Mar 20205324%37%39%18%
01 Jan 2019 - 30 Jun 201912 Jul 20194227%37%36%2%
01 Jul 2018 - 31 Dec 201815 Jan 20194423%40%37%4%
01 Jan 2018 - 30 Jun 201831 Jul 20185221%38%41%5%

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

60 days from end of month or agreed milestones

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

60

Dispute Resolution Process

Contact supplier and agree resolution

Other Payment Information

Has this business signed up to a code of conduct or standards on payment practices?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

❌

Does this business offer e-invoicing in relation to qualifying contracts?

This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.

❌

Does this business offer supply chain finance?

This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.

❌

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

❌

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

PENDENNIS SHIPYARD LIMITED is a prestigious British company that specializes in the construction, refit, and repair of luxury superyachts. Founded in 1988, the company is based in Falmouth, Cornwall and has become one of the leading names in the global superyacht industry.

The company is committed to sustainability and has implemented several initiatives to reduce its environmental impact. This includes utilizing renewable energy sources, implementing energy-efficient practices, and minimizing waste production. Pendennis Shipyard is also a member of the Environmental Agency's Green Blue initiative, which promotes environmentally-friendly practices in the marine industry.

Pendennis Shipyard offers a range of services including new build construction, refit and repair, and yacht management. The company has a team of highly skilled and experienced professionals who work closely with clients to deliver exceptional results. Their state-of-the-art facilities and advanced technology ensure that all projects are completed to the highest standards.

Key people at Pendennis Shipyard include the managing director, Mike Carr, and the chairman, Simon Rogers. Both have extensive experience in the yachting industry and are committed to driving the company's success and sustainability efforts.

The company's website, www.pendennis.com, provides detailed information about their services, projects, and sustainability initiatives. For inquiries, customers can contact the team at Pendennis Shipyard via phone at +44 (0)1326 211 344 or email at info@pendennis.com.

The registered office address for Pendennis Shipyard is The Docks, Falmouth, Cornwall, TR11 4NR, United Kingdom. With its commitment to excellence and sustainability, Pendennis Shipyard continues to be a leader in the superyacht industry, providing top-quality services and products to its clients.

Financial Metrics

Cash
£5,008,951
Net Worth
£16,879,945
Total Current Assets
£19,865,190
Total Current Liabilities
£12,329,070

Company Location

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PaymentCheck

Our mission is to change the culture of late payments in the UK and help save over 55,000 companies every year which close due to cashflow issues.

Services

  • Payment Check
  • Business Solutions
  • API Access
  • Invoice Calculator
  • Late Payment Help
  • Get Certified

Company

  • About Us
  • Contact
  • Blog
  • Search Archive
  • Compare
  • EULA
  • Privacy Policy
  • Terms and Conditions

Awards

  • Methodology
  • 2025 Awards
  • 2024 Awards
  • 2023 Awards
  • 2022 Awards
  • 2021 Awards
  • 2020 Awards

Contact

  • office@paymentcheck.co.uk
  • +44 (0) 7915 608 057
  • Send Your Story

© 2026 Payment Check Ltd

Registered Address: 3rd Floor Suite 207 Regent Street London W1B 3HH

Made by Alastair Campbell