{"name":"VITEC LTD","company_number":"SC225313","status":"Active","type":"Private Limited Company","incorporated":"2001-11-14","dissolved":null,"registered_office":"St Davids House St. Davids Business Park, Dalgety Bay, Dunfermline, Scotland, KY11 9NB","postcode":"KY11 9NB","sic_codes":[{"code":26309,"description":"Manufacture of communication equipment other than telegraph, and telephone apparatus and equipment"}],"principal_activity":"VITEC is a market leading developer of IP video, digital signage and guest experience technologies that enable organisations to harness the power of video to inform, educate and entertain. VITEC's end-to-end solutions enable customers to capture TV/video content directly from any source and manage its delivery, as channels or within digital signage screens, to any connected device via existing networks. From corporate, finance and education, to hospitality, remote facilities, stadiums and healthcare, VITEC has global expertise in delivering complex professional audio-visual solutions.","previous_names":[{"name":"EXTERITY LIMITED","changed_on":"2022-05-04"}],"warnings":[],"accounts":{"category":"Group","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":109,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","profit_loss":580373,"net_assets":4479972,"cash":2032088,"average_employees":109},{"financial_date":"2024-12-31","profit_loss":2358483,"net_assets":7864776,"cash":3827837,"average_employees":118},{"financial_date":"2023-12-31","profit_loss":2276010,"net_assets":5574592,"cash":1551684,"average_employees":80},{"financial_date":"2022-12-31","net_assets":5798582,"cash":3116227},{"financial_date":"2021-12-31","turnover":10278686,"cash":4336705}],"officers":{"current":11,"resigned":8,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":3,"outstanding":2},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"VITEC LTD is a fundamentally sound business with stable revenues, no debt, and a clear growth strategy, but it experienced a sharp profitability decline in 2025 due to increased R&D spending and an exceptional $1M charge. Its liquidity and equity have weakened, and the company must now focus on cost control, prudent cash management, and retaining earnings to restore its financial cushion. With group backing and corrective actions, the outlook is fair but requires vigilant monitoring over the next 12 months.","website":"/ip-video-digital-signage-solutions-in-healthcare","links":{"page":"https://www.companiesintheuk.co.uk/ltd/vitec-1","people":"https://www.companiesintheuk.co.uk/company/vitec-1/people","filing_history":"https://www.companiesintheuk.co.uk/company/vitec-1/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/SC225313","financials":"https://www.companiesintheuk.co.uk/company/vitec-1/financial","control":"https://www.companiesintheuk.co.uk/company/vitec-1/control","charges":"https://www.companiesintheuk.co.uk/company/vitec-1/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/vitec-1/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/vitec-1"}