Superyachts in demand as shipbuilder Pendennis rides a wave
Superyacht builder Pendennis is on the crest of a wave with annual sales rising by more than £1m to £35.2m as ultra-rich sailors continued to buy its luxury vessels.
Results filed at Companies House showed that Pendennis, which builds and refits some of the world’s most stunning yachts, generated 85pc of its revenue from exports as billionaires were drawn to its Falmouth base.
Pre-tax profit for the year ending December 2014 fell by 18.3pc to £1.9m as the private company invested £9.5m over the period extending its facilities as part of a multi-year £22.5m improvement programme.
Source: Superyachts in demand as shipbuilder Pendennis rides a wave - Telegraph
That's tidy then.
MF's ship that he hides from family in USA -
Superyacht builder Pendennis is on the crest of a wave with annual sales rising by more than £1m to £35.2m as ultra-rich sailors continued to buy its luxury vessels.
Results filed at Companies House showed that Pendennis, which builds and refits some of the world’s most stunning yachts, generated 85pc of its revenue from exports as billionaires were drawn to its Falmouth base.
Pre-tax profit for the year ending December 2014 fell by 18.3pc to £1.9m as the private company invested £9.5m over the period extending its facilities as part of a multi-year £22.5m improvement programme.
Source: Superyachts in demand as shipbuilder Pendennis rides a wave - Telegraph
That's tidy then.
MF's ship that he hides from family in USA -
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