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
Scarp
‘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
Scarp delivers for small firm rescues, says adviser Baker Tilly
Six small businesses and 16 jobs saved last week by Scarp recovery process, with over 350 jobs at small firms saved in first full year of operation
Zombie businesses and rent arrears: the legacy of the pandemic
The Government and the Revenue Commissioners have shielded many businesses from the full force of the pandemic
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