But the full scale of damage to the industry could be worse as the digital TV providers administrator has yet to draw up a creditors report, which may include more printers. Beckenhams Carlton Offset, which did 1.2m of work for the channel may be forced into liquidation later this month.
Lee Goodson, director of the 45-staff firm, said it was fighting to stay alive. After 12 years we have never come across anything like this, he said. There are still meetings due with banks and finance firms and our suppliers have been really supportive.
He said an accountancy firm had not yet been appointed and hoped Carlton Offset would be reborn.
It made nearly 4m turnover and 120,000 profits in the year to 31 May 2000. Kit includes an eight-colour B1 Heidelberg.
Just Customer Communications has laid off 30 of its 82 staff. The contract publisher wrote and designed the channels weekly magazine TV7, which was printed by Polestar Watmoughs.
Just managing Director Graham Lake said: In production terms this is just under half our turnover, which was 9.4m last year.
Half a million copies of the weekly were originally made but this fell to 300,000. This is what the industry is about, but it hurts when the client is so big, said Lake.
Polestar said Bradford-based Watmoughs was told last week there would be no more issues of TV7. There will be no job losses, it said. Polestar does a raft of weekly titles and this was one that did not make it. It does not have a major impact on business.
ITV Digital used a central print buyer for its direct marketing. He could not be contacted. Deloitte & Touche is to hold a creditors meeting in three weeks and is drawing up a list of those owed cash.
It failed to sell ITV Digital this week. The firms debts include 178m owed to the Football League clubs. Around 900 staff have lost their jobs so far.
Story by Jez Abbott
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"Gosh! That’s a huge debt - especially HMRC! It’s a shock that HMRC allowed such an amount to be accumulated."
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