VITEC LTD
Company number SC225313 · Monitor this company
Executive 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.
Shareholders' funds
£4,479,972
Balance sheet as at 2025-12-31
What it does
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.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2001-11-14
- Employees
- 109 (2025 accounts · was 118 in 2024)
- Registered office
- St Davids House St. Davids Business Park, Dalgety Bay, Dunfermline, Scotland, KY11 9NB
- Postcode
- KY11 9NB
- Capital
- 60 GBP
- Accounts category
- Group
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-09-04
- Next due by
- 2027-09-18
Nature of business (SIC)
- 26309 Manufacture of communication equipment other than telegraph, and telephone apparatus and equipment
Officers 11 current · 8 resigned
Group structure 1 subsidiary
Controlled by SHACKLETON SECONDARIES 3 LP — since 2016-04-28
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Global Business Mobility: Senior or Specialist Worker (Worker (A rating)), Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Contact details
- Website
- exterity.com
In April 2021, VITEC announced the strategic acquisition of Exterity Limited.
Previous company names
| Name | Date changed |
|---|---|
| EXTERITY LIMITED | 2022-05-04 |
Previous registered addresses 5
| Address | Changed on |
|---|---|
| ST DAVIS HOUSE ST. DAVIDS DRIVE,, DALGETY BAY, FIFE, KY11 9NB | 2021-01-22 |
| RIDGE WAY HILLEND INDUSTRIAL PARK, DALGETY BAY, FIFE, KY11 9JD | 2015-06-16 |
| RIDGE WAY HILLEND INDUSTRIAL P, DALGETY BAY, DUNFERMLINE, FIFE, KY11 9JD | 2009-02-19 |
| RIDGE WAY HILLEND INDUSTRIAL P, DALGETY BAY, DUNFERMLINE, FIFE, KY11 9JD | 2009-02-19 |
| 2 NORTH LOANHEAD, LIMEKILNS, DUNFERMLINE, FIFE KY11 3LA | 2006-02-24 |
Among its peers
Top 25%
by shareholders' funds, of 25 similar companies in KY — measured against the wider sector
The largest employer among its local peers (109 staff).
Among the oldest 25% of its local peers, trading since 2001.
The class of 2001
40%
of the 80,159 companies incorporated in 2001 are still active today; 57% have since been dissolved.
A fact about the year, not a forecast for this company.