Unveiled in 2021 as a more cost-effective alternative for smaller businesses to the examinership process, the Small Companies Administrative Rescue Process (Scarp) facilitates simplified out-of-court debt restructuring for viable small and micro companies. In its twice-yearly analysis of the Scarp statistics, restructuring firm Azets said 23 applications were made in 2025, down 23 per cent from last year. Some 374 jobs have been saved through the Scarp process this year, it said. Dessie Morrow, advisory and restructuring partner at Azets Ireland, said that while the number of Scarp applications fell this year, 2026 is set to be a challenging year for small businesses. In response, Revenue said it “remains a committed participant in the Scarp process”.

Source: The Irish Times December 18, 2025 17:02 UTC