The company behind the global Irish Fairy Door brand has had a substantial portion of debt written off.
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The accounts, signed off by directors, Harry Largey and Patrick Joy this week, state the company incurred losses in the current financial year and has substantial losses carried forward. The company “successfully exited this process which resulted in a substantial proportion of the company debts being written off”, it said.The Scarp has been introduced to provide a quicker and more affordable restructuring option to small and micro businesses here.