The company foundation was laid in 1983 when Lloyd Stevenson constructed a Davidson 40 fast cruising yacht called Teddy Bear for an American client.

The company offices are ver impressive

This early lead into the international market helped establish New Zealand's export credentials and was delivered just one year after Lloyd completed his boatbuilding apprenticeship.

Teddy Bear demonstrated Lloyd's solid, dependable work ethic, methodical approach to adopting new technology and inherent drive to achieve excellence, a cost and quality effective combination that led to many more orders. Five sailing yachts and two powered cruisers between 10.7m (35ft) and 12.8m (42ft) followed in quick succession and an unbroken run of custom vessels extended until 1992.

The global downturn in the late 1980's tightened discretionary spending and construction of new vessels between 10 and 30 metres slowed in New Zealand between 1989 and 1995. Lloyd took the opportunity to explore the trailer boat industry by first establishing Kit Boats, then Tournament Boats in partnership with Craig Loomes. Designed by Craig Loomes, the Tournament 7 and Tournament 8 remain highly respected sport fishing craft, however, the joint venture was discontinued because of insufficient volume to sustain the extreme limits ethos and complex detailing that went into these craft.

Craig Loomes went on to design and build the innovative 25m wave piercer, Ultimate Lady, and Lloyd Stevenson Boatbuilders was co-opted to craft a portion of the interior cabinet work. Ultimate Lady was awarded a coveted International Super yacht Society Award in 1998 (see www.cld.co.nz).

Other work streams included contract moulding yacht hulls (13m), building plugs and moulds for a market leading production boat manufacturer, major refits on two significant Auckland yachts (15.2m & 19.2m) and supplying interior cabinets to an offshore corporation exporting fast catamaran motor yachts from New Zealand.

The refit and contract work enabled the company to maintain its core staff, skill base and 1,000 sq metre factory throughout the quiet period, and the nature of the work reinforced the company culture of producing high-quality boats at cost-effective rates. With a nucleus of highly skilled staff and tight quality controls in place, the company was well positioned to capitalise on the economic upswing which saw the Brett Bakewell-White designed 12.5m IMS cruiser/racer, Time-to-Burn, launched in 1995.

Over the next ten years twelve Bill Upfold designed mid-pilothouse motor yachts between 13.5m and 18m followed Time-To-Burn, interspersed by two high-end boutique boats exported offshore. They were the Bill Trip designed 11.5m hardtop express cruiser Crazy Horse and the Nelson/Marek designed 10.9m day-sailer Karen. Both blended post-cured composite hulls with timber veneers and bright-work to achieve a classic look while retaining absolute performance. Karen performed like an America's Cup yacht upwind and Crazy Horse offered a sophisticated and elegant lifestyle, a showcase finish and a top speed of 49 knots! Towards the end of this period a Bakewell-White Transpac 52, Braveheart, was built in carbon composite with Nomex core, and was to be the first of several high-tech composite race yachts constructed to date.

In 2005 Lloyd Stevenson Boatbuilders moved to a new, 3000 square metre, purpose built facility in response to a need for more floor space, and more importantly increased stud height, to build the larger boats they were now being contracted to build.

Projects during this time included two Elite 65 foot sportfishers, Lady Alison and Huntress, launched in 2006 and 2008 respectively. Another two mid pilothouse launches in Coastal Cowboy and Conquest were also launched in this time, along with two yachts, Wired, a 52 foot Bakewell-White canting keel race yacht, and Ace, a Davidson 45 cruising yacht.

More recently LSB built the first GP33 carbon race yacht to be launched worldwide. This lightweight, high performance yacht was shipped to her Japanese client and has dominated local racing, consistently out performing much larger yachts.

Around this time LSB were also starting to gain a reputation for producing top quality Yacht Tenders, with the 6 metre Fishing and Limousine Tenders for the new Kokomo, launched at the beginning of 2010, being so well received they led almost immediately to a contract for an 8 metre Limousine Tender and another two 6 metre boats, one a Sports Tender and the other a Limousine.

In 2011 the Bakewell-White designed 8m Limousine tender to S/Y Vertigo was launched, along with the Botin Carkeek 55 Equilibrium, an absolutely stunning high performance cruising yacht with proven race pedigree. The pair of F620 tenders for M/Y Loretta Anne were delivered in early 2012 and went on to win the 2013 ShowBoats Tender Design Award.

In 2012 a 10m Bakewell-White designed racing catamaran Ninja was built for an Auckland based syndicate of very experienced sailors, who completed the fit out and assembly themselves. The Elite 16m Mid Pilothouse Maeve was also launched late that year, along with a 10m Allseas designed Landing Craft Yacht Tender for M/Y Garcon.

The Elite 17.8m Mid Pilothouse Ocean Elite was launched in late 2013, and shortly after this a contract was signed for LSB’s 50th new build and 20th Elite motoryacht, an 18m Mid Pilothouse due to be launched in early 2015. Also signed around this time was a Beale 44ft cruising yacht due for launching in late 2015.