Companies owner enters rescue scheme for companies under serious financial pressure

Dublin-based digital media firm Packed House seeks ‘rescue plan’ amid mounting debts and losses

The company has posted a note about entering Scarp at the bottom of its website, noting that it is aiming to prepare a “rescue plan” for the business through the scheme.

Packed House, the owner of, has entered the state’s company rescue process – a scheme designed to help small companies that are viable but insolvent.

Documents filed with the Companies Registration Office shows that the Dublin-based digital media firm last week entered the Small Companies Administrative Rescue Process (Scarp).

Baker Tilly, the accountancy firm, has been appointed advisor as part of the process, which was set up to help businesses under serious financial pressure ...