When a customer goes bust and a company is wound up, creditors often ask one important question:
Will we get any money back?
In many cases, the answer depends on how much can be recovered after the costs of the liquidation process are covered. Liquidators are highly regulated and must complete a large amount of administration, enquiries, reporting and investigation work. All of this takes time, specialist knowledge and money.
At GSI Associates, we want to help reduce those costs for the benefit of creditors while also making life easier for insolvency practitioners.
We are setting up an insolvency practitioner back office in our existing Pristina office, just a three-hour flight from Luton airport. Our team is well educated, speaks excellent English and operates from a British-run office with a Chartered Accountant resident on site.
The cost advantage is clear: in Pristina, you can employ three staff for the price of one in the UK.
This creates a practical opportunity for insolvency practitioners who need reliable back-office support but also want to keep case costs under control. Lower administration costs can help improve the chances of better outcomes for creditors.
Our Pristina office already provides forensic accounting services, and we also have a strong cyber security team. This gives us a solid base for supporting insolvency work, including financial review, investigation support, data handling and case administration.
The next step is to work with an insolvency practitioner who has the resources and experience to help us train staff properly, using IP practice management and investigation software.
If you are an insolvency practitioner interested in working with us, send us a message and we will contact you.