We advise companies, directors and stakeholders on the Small Companies Administrative Rescue Process (SCARP), a statutory restructuring process designed to help viable but financially challenged small and medium-sized businesses survive. Where a company has underlying prospects but is burdened by unsustainable debt or legacy liabilities, SCARP can provide a structured route to rescue.
The process requires careful assessment, strong planning and clear communication with creditors and stakeholders. We work closely with directors and advisers to evaluate whether SCARP is appropriate, prepare the business for the process and support the company through each stage with practical, senior-led input.
How We Can Help
| • Assessing suitability for SCARP and the viability of the underlying business
• Supporting directors in understanding the process and their responsibilities • Preparing financial information and restructuring proposals • Acting as the Process Adviser and coordinating stakeholder engagement • Advising on creditor compromise, debt restructuring and implementation issues • Helping businesses emerge on a more stable and sustainable footing |