Vitec Ltd

ActiveSC225313ManufacturingIncorporated 14 Nov 2001 · Dunfermline

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. VITEC's technology is deployed globally by some of the most recognized brands in the world, enabling the distribution of broadcast quality digital TV and video over IP networks to an unlimited number of end points. With centralized management, configuration and control, VITEC solutions support large volumes of content and devices without compromising system performance or availability. Headquartered in Scotland UK, and with international sales offices, VITEC extends its global reach through its channel of technically innovative reseller partners.

Revenue

£13.8m

▲ +34.4% vs prior ~12m period

Profit after tax

£1.3m

Margin 8.6%

Employees

109

▲ +43.4% vs prior ~12m period

Net assets

£4.4m

Total assets £13.6m

Financial history

Revenue by accounting period

7 periods available · ▲ growth ▼ decline

Dec 2019
Not available
Dec 2020
Not available
Dec 2021
£10.3m
Dec 2022
£13.8m▲ +34.4%
Dec 2023
Not available
Dec 2024
Not available
Dec 2025
Not available
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2025——£770k109£4.4m
31 Dec 2024——£3.1m76£7.8m
31 Dec 2023———80£5.6m
31 Dec 2022£13.8m▲ +34.4%£1.2m112—
31 Dec 2021£10.3m—£350k91£7.4m
31 Dec 2020———98£5.5m
31 Dec 2019—————

Latest available figures

Period ending 31 Dec 2022. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£13.8m
Gross profit
£9.7m
Operating profit
£1.2m
Profit before tax
£1.2m
Profit after tax
£1.3m

Balance sheet

Total assets
£13.6m
Cash
£2.0m
Total liabilities
£9.2m
Net assets
£4.4m
Revenue per employee
Not available

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