Several outlets in the Health Matters retail chain have entered a Small Companies Administrative Rescue Process (Scarp) to restructure their business. The Irish-owned chain has five outlets across Dublin and an online business. Filings show that it has appointed a Scarp process adviser to the overall holding company within the group, Sayers Court, as well as to two other companies, Sayerscourt (Bray) and Sayerscourt (Crumlin). Conor Noone of the accountancy firm Azets Ireland has been appointed as process adviser. Introduced in 2021 as a low-cost and non-legal alternative to examinership, Scarp is a mechanism for small insolvent companies with turnover…
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