Vitec Ltd
Registered name: VITEC LTD
Vitec Ltd made £580k profit in the year to 31 Dec 2025 (revenue not disclosed).
Vitec Ltd reported £580k profit in the year to 31 Dec 2025, down 75% on the year before; its revenue was not disclosed. It had 85 employees. The company is classified under “manufacture of communication equipment other than telegraph, and telephone apparatus and equipment” and is based in Dunfermline; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Dunfermline, Scotland
- Age
- 24 yrs · since 2001
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The directors consider VITEC SA to be the ultimate controlling party. VITEC SA is incorporated in France. The headquarters are 99 Rue Pierre Semard, Chatillon, France, 92320.”
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Profit only | Profit only |
| Profit & loss | ||||
| Revenue (turnover) | — | — | — | — |
| Cost of sales | £4.2m | £5.7m | £6.1m | £7.6m |
| Profit before tax | — | — | £3.1m | £770k |
| Profit after tax | £1.4m | £2.3m | £2.3m | £580k |
| Profit (best available) | £1.4m | £2.3m | £2.3m | £580k |
| Staff costs | £7.7m | £9.3m | £10.2m | £10.5m |
| Employees (average) | 96 | 80 | 76 | 85 |
| Ratios | ||||
| Profit margin | — | — | — | — |
| Profit per employee | £14.9k | £28.4k | £30.1k | £6.8k |
| Growth (year on year) | ||||
| Profit growth | — | ▲58.7% | ▲0.6% | ▼74.7% |
| Headcount growth | — | ▼16.7% | ▼5% | ▲11.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.1m | £1.6m | £3.7m | £1.9m |
| Net assets | £5.8m | £5.6m | £7.9m | £4.5m |
| Fixed assets | £210k | £199k | £216k | £192k |
| Current assets | £9.2m | £10.2m | £13.3m | £13.3m |
| Debtors | £3.3m | £5.4m | £5m | £5.8m |
| Deferred income | £1.8m | £1.9m | £2.1m | £4.6m |
| Cash from operations | −£1.7m | −£958k | −£2.5m | −£2.7m |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- £6.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼43%
- Now £4.5m
- Cash at bank
- ▼48%
- Now £1.9m
- Headcount
- ▲12%
- Now 85
- Deferred income
- ▲122%
- Now £4.6m
- Fixed assets
- ▼11%
- Now £192k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Accommtec LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £580k), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.