Andrew Stuart

Insolvency is usually a result of unfortunate circumstances, but not always.  It is the Insolvency Practitioner’s duty to investigate where directors may have behaved badly.  This can be a costly process, ultimately for the creditors, who the IP is trying to protect.

We have a solution.  Our British-run office in Macedonia, managed by a UK Chartered Accountant, is experienced in carrying out mass data entry, investigating accounts data and extracting key information.  Our in-house cryptologist has a track record of extracting data from servers which has previously been deleted, opening the opportunity to interrogate potentially important information.

Our IP clients can come over to our office in Skopje and work with us and our staff; it is less than a 3 hour flight from the UK.  Macedonia has a well educated young workforce with excellent language skills and our costs are competitive with outsource centres in Asia.

For cross border insolvencies, our own related company, GSI Translations (https://gsitranslations.com) handles over 100 language pairs.

With the best interests of the creditors in mind, we offer a fixed cost initial review.  Our regular clients are offered this free of charge in relatively straightforward cases.  The initial review covers:

  • The likelihood of recovering deleted or lost data from computers and servers
  • A review of information and assessment of the potential benefit of further investigation

Sometimes accounts data is not up to date or lacks integrity.  We prepare accounts from prime data, where possible using automatic bank feeds and data import wherever possible. It is all cloud based so that our clients have direct access and we offer fixed quotes or price on transaction basis.  We can mobilise additional staff quickly for urgent cases.