Vitec Ltd (SC225313) — Company Analyst

Company details

Type: Private Limited Company
Incorporated: 2001-11-14
Country of origin: United Kingdom

Accounts & filings

Accounts last filed: 2024-12-31 · GROUP
Next accounts due: 2026-09-30 in 105 days
Confirmation statement: last made up 2025-09-04 · next due 2026-09-18

View full filing history at Companies House →

Registered office

St Davids House St. Davids Business Park
Dalgety Bay
Dunfermline
Ky11 9nb

Peer comparison

Compared against 121 UK companies in the broader 26xxx sector (this company is in 26309 — Manufacture of communication equipment other than telegraph, and telephone apparatus and equipment; not enough peers in that exact SIC to compare) within the Medium bracket (£1M–£10M net assets).

Net assets Above typical

P25medianP75

This company: —
Turnover Above typical

P25medianP75

This company: —
Profit / loss Typical

P25medianP75

This company: —

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Based on this company's latest filed accounts (to Dec 2024) · Full accounts — profit & loss and balance sheet.

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Compares this company to 121 UK peers in Medium bracket, by net assets, turnover, profitability, and more.

Financial health

Derived from the filed accounts to Dec 2024. Figures only — not advice.

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Based on this company's latest filed accounts (to Dec 2024) · Full accounts — profit & loss and balance sheet.

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Ratios and signals derived from this company's filed Companies House figures only.

Accounts

Based on this company's latest filed accounts (to Dec 2024) · Full accounts — profit & loss and balance sheet.

Year ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Profit & loss
Profit / loss	£2,290,184 ↑0.6%	£2,276,010 ↑58.7%	£1,434,116 ↓3.7%	£1,489,762 ↑248.8%	£427,081
Balance sheet
Fixed assets	£215,658 ↑8.1%	£199,491 ↓5.0%	£209,952 ↑86.0%	£112,870 ↓47.1%	£213,398
Current assets	£13,306,588 ↑30.5%	£10,199,919 ↑10.9%	£9,196,008 ↓10.6%	£10,285,359 ↑32.9%	£7,739,262
Cash	£3,660,681 ↑135.9%	£1,551,684 ↓50.2%	£3,116,227 ↓28.1%	£4,336,705 ↑11.9%	£3,875,878
Debtors	£5,822,463 ↓9.7%	£6,448,972 ↑49.7%	£4,308,763 ↓6.6%	£4,611,783 ↑49.8%	£3,079,402
Net current assets	—	—	£6,665,552 ↓16.8%	£8,007,335 ↑37.8%	£5,809,818
Net assets	£7,864,776 ↑41.1%	£5,574,592 ↓3.9%	£5,798,582 ↓21.3%	£7,364,466 ↑33.5%	£5,517,619
Equity	£7,864,776 ↑41.1%	£5,574,592 ↑107.3%	£2,688,797 ↓63.5%	£7,364,466 ↑33.5%	£5,517,619
Other
Average employees	76 ↓5.0%	80 ↓16.7%	96 ↑5.5%	91 ↓7.1%	98

Source: filed iXBRL accounts at Companies House. P&L items are only published by medium and large companies; small companies file abridged or micro-entity accounts where the P&L is not public.

Industry (SIC codes)

26309 · Manufacture of communication equipment other than telegraph, and telephone apparatus and equipment

Officers (17)

Mccolgan, Sarah · Secretary appointed 2023-10-26
Wetzel, Marine · Director appointed 2021-03-31
Quesne, Nicolas · Director appointed 2021-03-31
Wetzel, Philippe · Director appointed 2021-03-31
Wetzel, Caroline · Director appointed 2021-03-31
Pinet, Dominique · Director appointed 2021-03-31
Wetzel, Eric · Director appointed 2021-03-31
Hogarth, Mark Stephen · Director appointed 2014-08-01 resigned 2021-03-31
Stewart, Hugh John Patrick · Director appointed 2014-06-01 resigned 2021-03-31
Ross, Simon Robert Alexander · Director appointed 2004-06-21 resigned 2021-03-31
Allan, Michael James · Director appointed 2002-04-05 resigned 2021-03-31
Thomas, David Owen · Director appointed 2004-06-11 resigned 2017-11-20
Corfield, Christopher David · Director appointed 2004-02-12 resigned 2011-03-14
Farquhar, Colin · Secretary appointed 2001-11-14 resigned 2004-06-21
Ferguson, Ian · Director appointed 2002-04-05 resigned 2002-08-12
Farquhar, Helen · Director appointed 2001-11-14 resigned 2002-04-05
Oswalds Of Edinburgh Limited · Corporate Secretary appointed 2001-11-14 resigned 2001-11-14

People with significant control (2)

Shackleton Secondaries 3 Lp (Sl016534) Ceased 2021-03-31

Corporate Entity Psc · notified 2016-04-28

Ownership of shares 25 to 50 percent
Philippe Wetzel Active

Individual Psc · French · resident in France · born 1/1960 · notified 2021-03-31

Ownership of shares 75 to 100 percent as firm

Mortgages & charges (6)

All charges satisfied.

A registered charge Satisfied SC2253130006

Held by Hsbc Bank PLC

Created 2015-07-10 · satisfied 2021-01-25

A legal assignment of contract monies.
A registered charge Satisfied SC2253130005

Held by Hsbc Invoice Finance (UK) LTD

Created 2015-01-28 · satisfied 2021-01-20
A registered charge Satisfied SC2253130004

Held by Hsbc Bank PLC

Created 2015-01-14 · satisfied 2021-03-31

A floating charge over all assets and undertaking.
Floating charge Satisfied

Held by Rbs Invoice Finance Limited

Created 2008-09-19 · satisfied 2015-02-02

Undertaking & all property & assets present & future, including uncalled capital.
Bond & floating charge Satisfied

Held by Royal Bank of Scotland PLC

Created 2008-09-19 · satisfied 2015-02-10

Undertaking & all property & assets present & future, including uncalled capital.
Bond & floating charge Satisfied

Held by The Governor and Company of the Bank of Scotland

Created 2003-08-04 · satisfied 2008-11-08

The whole assets of the company.

Recent filings (15)

2025-09-30 Confirmation statement (no updates) CS01 Confirmation statement
2025-04-01 Group accounts AA Accounts
2024-10-10 Confirmation statement (no updates) CS01 Confirmation statement
2024-05-27 Group accounts AA Accounts
2023-10-26 Appointment of secretary AP03 Officers
2023-10-26 Termination secretary company with name termination date TM02 Officers
2023-09-06 Confirmation statement (no updates) CS01 Confirmation statement
2023-05-18 Group accounts AA Accounts
2022-09-05 Confirmation statement (no updates) CS01 Confirmation statement
2022-05-04 Certificate change of name company (paper) CERTNM Change of name
2022-05-04 Resolution (paper) RESOLUTIONS Resolution
2022-02-15 Group accounts AA Accounts
2021-09-09 Confirmation statement (with updates) CS01 Confirmation statement
2021-06-14 Capital allotment shares (paper) SH01 Capital
2021-05-14 Memorandum and articles (paper) MA Incorporation

Showing the 15 most recent filings. View full filing history at Companies House.