Access Plus hit by bad debt fears

Access Plus, the Bristol-based print manager, will not hit its full-year targets, after being forced to increase its bad-debt provision due to problems at the commercial partner of one of its major clients.

ITM Communications, which has gone into administration, has debts and outstanding work-in-progress totalling 600,000 with Access Plus.

However, the rest of Access Plus business remains in line with last year, and it has also concluded that none of its other major customers represent similar risks after reviewing trading relationships.

In September Access Plus said it expected a stronger second half of the year as extra revenue filtered through from contract wins (PrintWeek, 20 September).