• Igor Glyanenko
Correspondence address: Nene Valley Business Park, Oundle, Peterborough, Cambridgeshire, PE8 4HN
Date of birth: April 1972
Nationality: Russian
Nature of control: Ownership of shares – More than 25% but not more than 50%
Country of residence: Russia

• Alexander Volov
Correspondence address: Nene Valley Business Park, Oundle, Peterborough, Cambridgeshire, PE8 4HN
Date of birth: November 1972
Nationality: Russian
Nature of control: Ownership of shares – More than 50% but less than 75%
Country of residence: Russia

• BONDAREVA, Larisa
Correspondence address: Nene Valley Business Park, Oundle, Peterborough, Cambridgeshire, PE8 4HN
Role: Director
Date of birth: November 1964
Nationality: British
Country of residence: United Kingdom
Occupation: Finance Director

• TYDEMAN, David Rolfe
Correspondence address: Nene Valley Business Park, Oundle, Peterborough, Cambridgeshire, PE8 4HN
Role: Director
Date of birth: January 1955
Nationality: British
Country of residence: England
Occupation: Director

Number of shares

• Shares Allotted (including bonus shares)
Class of Shares: ORDINARY
Currency: GBP
Number Allotted: 4000000
Aggregate nominal value: 1
Amount paid per share: 4000000
Amount unpaid per share: 0

No shares allotted other than for cash

• Statement of Capital (Share capital)
Class of Shares: ORDINARY
Currency: GBP
Number Allotted: 37000000
Aggregate nominal value: 37000000

No shares allotted other than for cash

• Statement of Capital (Totals)
Currency: GBP
Total Number of shares: 37000000
Total Aggregate nominal value: 37000000
Total aggregate amount unpaid: 0

Strategy

• The company has developed new design partnerships with award – winning superyacht designer Alberto Manchini, with Vripack, a leading Dutch naval architectural firm and with J&J, renowned Slovenian designers and production engineers.
• The company built its new facility in Hampshire
• They invested in the development of Fairline Marine Park
• According to Miles Moorhouse, Fairline’s Head of Marketing, the Brandfolder platform – a Digital Asset Management (DAM) tool – has given the company 10% of the teams’ time back, along with a better-equipped sales team.

Ambitions

• Deliver a level of quality that is hard to find elsewhere
• Incorporating fresh ideas at every opportunity
• Use the latest navigation and audio/visual technologies
• During 2019, the company was funded by two investment sources as it is planning to invest in a new product.

• The business has more than 54 global dealerships
• High-net-worth individuals

Customer reviews

N/A

1. Their new facilities enable them:
• To help make the boat-buying experience more comfortable for all their clients
• To warmly welcome them with a luxury sales experience, befitting of Fairline, where they can explore all the details of the yachts.

2. Their products offers their clients the ability to enjoy a fast boat if required or to spend a weekend and a short cruise with their family to just enjoy the sea.

The average monthly number of persons (including directors) employed by the group and company during 2018, amounted to 424 (2017: 314).

Women’s hourly rate is 15% higher (mean [average]) and 10% lower (median [middle]).Fairline Yachts Gender Pay Gap Data 2018:

• Top salary quartile has 86% of men and 14% of women
• Upper middle salary quartile has 96% men and 4% of women
• Lower middle salary quartile has 97% men and 3% of women
• Lower salary quartile has 90% men and 10% of women
• Women’s median bonus pay is 33% lower than men’s
• 90% of men and 18% of women received bonus pay

Employee Reviews

Glassdoor

1. March 31, 2020 (COVID-19 related)

“A company with no ethics at all”

Former Employee – Anonymous Employee

Doesn’t Recommend

Negative Outlook

Disapproves of CEO

I worked at Fairline Boats full-time for more than a year

Pros

• As in a company like this they dont care about workforce

Cons

• “The primary reason we have stayed open to date is to help ensure Fairline Yachts survives this crisis.”
• “Typical response to a worldwide pandemic. People are dying worldwide but Fairline are looking after their owners and shareholders rather than the people.”

2. May 16, 2019

Current Employee – Boat Builder in Hythe, Hampshire, South East England, England

Doesn’t Recommend

Negative Outlook

Have been working at Fairline Boats full-time for less than a year

Pros

• Learned good boat building skills across a number of disciplines, regardless of which trade you are hired into.
• The skilled workers were the absolute backbone of this company.

Cons

• Underpaid for the skilled work you were doing.
• Complete or half-hearted disregard for health and safety procedures.
• Complete disorganization from the head office, especially when dealing with new employees.
• Individuals with specialty trade skills were placed in different trades entirely.
• Supervisors would mistreat employees and often turn up inebriated, as did some other of the employees to get them through the day.

3. Dec 4, 2018

Former Employee – Bench Joiner in Oundle, England

Recommends

Neutral Outlook

Worked at Fairline Boats full-time for more than 3 years

Pros

Great colleagues. Almost unlimited overtime available. Fun working atmosphere most of the time.

Cons

Low rates of pay. Little initiative for achievement, just do hours.

Advice to Management

Not to expect much productivity or skill on below trade rates of pay.

• Passionate about the finest of details, Fairline delivers a level of quality that is hard to find elsewhere.
• From the latest navigation and audio/visual technologies to Alberto Mancini designs, Fairline is committed to always striving for the exceptional.
• The brands designs pair brand pedigree with Italian style in their new models.

Annual Report File

Locations

Head Office
Fairline Yachts Ltd,
Oundle,
PE84HN,
United Kingdom

Fairline Marine Park
Hamble River Boatyard,
Bridge Rd, Swanwick,
Southampton,
SO31 7EB,
United Kingdom

Commissioning & Handover Centre
Ipswich,
United Kingdom

Social Media

Facebook
Twitter
Instagram
LinkedIn
YouTube

Awards

Fairline Yachts’ F//Line 33 crowned Superboat at Motorboat & Yachting Awards.

“Luxury British boat builder, Fairline Yachts, was last night (21st January 2020) announced as a winner at this year’s Motorboat & Yachting Awards for its highly acclaimed F//Line 33.”

Competitors List (alphabetical order)
Criterion: Industry subcategory, Company Size and Product

• Cosmos Yachting Ltd
  Product: Yachts
• Nigel Burgess Ltd
  Product: Yachts
• Oyster Yachts
  Industry subcategory: 30120 – Building of pleasure and sporting boats
  Product: Yachts
• Princess
  Product: Yachts
• Sealine International Limited
  Product: Yachts
• Sunsail
  Product: Yachts
• Sunseeker International Limited
  Product: Yachts
• Yachting Partners International
  Product: Yachts