Irish insolvencies to rise if unemployment continues upward trend, says PwC
Hospitality businesses entering insolvency at more than twice the rate of all other companies
Scarp
Small company rescue applications down 23% in 2025, but ‘headwinds’ loom in 2026
Pension auto-enrolment and minimum wage increases will heighten ‘financial distress’ early next year, says Azets Ireland
Revenue demanded €1.7 million from Dylan McGrath’s Fade Street Social six days before examinership petition
Independent report expects ‘competitive bidding process’ amid significant interest
Revenue says it backs Scarp process amid criticism of opt-out mechanism
The commission responded to concerns their opt-out right would deter companies from entering the process
Scarp cases up 15% in 2025 amid ‘economic uncertainty’
Three-quarters of all firms that have gone through the scheme since 2021 have survived, says Azets Ireland
‘There is hope’: Rescue plan approved for Waterford’s Blackwater Distillery
Blackwater Distillery entered rescue process ‘weighed down by the burden of debt’
Director fatigue and ‘debt stress’ behind decline in small firms looking to restructure
More than 1,000 jobs have been saved through Scarp over the past three years, says Azets Ireland
‘A matter of days’ from insolvency: How an Irish company came back from the brink
Inside Business podcast with Ciarán Hancock
Scrumdiddly’s survives as rescue plan overcomes landlord concern
Ice-cream retailer ran into trouble after Penneys pop-up outlets failed to deliver expected return
Corporate insolvencies will occur at rate of almost three per day this year, forecasts PwC
Wave of 229 insolvencies in fourth quarter brought total for 2023 to a ‘higher than expected’ total of 717
What’s better than a good company rescue? No need for so many rescues in the first place
Rising rate of insolvencies in 2024 could be followed by bleak January for small businesses
Corporate insolvencies reach highest level in five years after 25% rise in 2023
Total of 663 insolvencies last year, with numbers in hospitality and construction jumping 62%, according to Deloitte Ireland
SME lender Flender restructuring debt to erase parental and Revenue liabilities
Non-bank lender has backing of main finance provider and is in talks with two other potential sources of funds to continue to lend into small-business market, according to documents
Companies must act to manage warehoused tax debt, accountancy body urges
Small businesses account for vast majority of those still availing of relief but deadline for payment looms alongside threat of insolvency
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