PENDENNIS SHIPYARD LIMITED
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
- 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
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2023 - 31 Dec 2023 | 05 Mar 2024 | 47 | 27% | 40% | 33% | 2% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 42 | 31% | 41% | 29% | 2% |
| 01 Jul 2021 - 31 Dec 2021 | 10 Feb 2022 | 44 | 28% | 38% | 34% | 8% |
| 01 Jun 2021 - 30 Jun 2021 | 26 Jul 2021 | 45 | 26% | 35% | 38% | 15% |
| 01 Jul 2020 - 31 Dec 2020 | 10 Feb 2021 | 48 | 26% | 36% | 38% | 8% |
| 01 Jul 2019 - 31 Dec 2019 | 11 Mar 2020 | 53 | 24% | 37% | 39% | 18% |
| 01 Jan 2019 - 30 Jun 2019 | 12 Jul 2019 | 42 | 27% | 37% | 36% | 2% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 52 | 21% | 38% | 41% | 5% |
Payment Time Trends
Payment Distribution Trends
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.
