Hopfully Brewing Co and the company behind the Urban 8 restaurant have both appointed process advisors under the Small Companies Administrative Rescue Process.
The job search platform raised over €16m from backers, but a difficult few years now sees it entering Scarp to find a rescue plan.
With Revenue knocking on the door, the Fennell family behind the Green Barn restaurant went through the Scarp process to save their company. Rescue plan in hand, James Fennell talks about the “labour of love” business and a bright future ahead.
The Waterford whiskey maker has entered the Scarp scheme to save the company, a move that comes just weeks after it sold off its Velvet Cap brand.
The number of companies that used the Scarp restructuring process was just 30 last year, compared to 33 in 2023. So, why is the number so low?
The Fennell family has put its heart and soul into the Burtown House restaurant and gardens near Athy over the last decade. A shift toward events brings confidence it will come out the other side of the Scarp restructuring process.
The company behind the Azon Recruitment Group has entered the Small Companies Administrative Rescue Process as it seeks to restructure its operations.
Algorithm Productions has a blue-chip roster of clients and had big plans for its audio-visual experience business. It is now seeking to restructure its operations through Scarp rescue proceedings.
Having initially opted for a low-key Scarp restructuring process, the Bray engineering firm is now seeking examinership. New documents shed light on the company’s financial difficulties.
Debts of almost €13 million have led the family firm to enter the Small Companies Administrative Rescue Process.
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