However, at this stage it could be as long as nine months before the amount is finalised.

The amount that non-preferential creditors are owed is subject to change because the Pension Protection Fund has claimed for £20.7m – a sum that the administrator MCR believes will eventually be much lower.

In MCR's report, administrator Philip Duffy said: "Based upon the current information available, it is likely that there will be sufficient realisations to enable a distribution to the non-preferential creditors of the company."

MCR's Kevin Buckett told PrintWeek: "It will be a low single-figure pence in the pound. Timing is difficult as it will depend on when we are able to obtain all the necessary information to ensure claims are agreed correctly, so it could be up to nine months, but we will obviously be seeking to pay earlier."

The report added that MCR would be moving Litho Supplies into creditor voluntary liquidation by end of August, which would facilitate payment of the dividend.

The company went into administration in December last year. The consumables division was later bought out of administration by new company DM1 (Herts).