Your Bank manager is your best friend . . . . . . . . . . . . until you have cash flow problems- then he will pull the rug from under you without a thought for you or your employees.
Always try to keep reserve funds and use overdraft facilities as an emergency aid and not as a source of working capital.
As has been mentioned previously, you cannot announce to the world that you are having financial difficulties, if you do that you are most certainly doomed. You have to trade as normal and try to work through the hard times.
I don't know Iain, but Lothian had been around for a while and appear to have been run honestly and safely.
It would be unfair to label them as dishonest.
Businesses fail, it is a fact of life.
Tarman