Always more than meets the eye when someone own more than one company and one is in trouble. Let's hope all is well.
In Sep 2000, company (25 staff) I worked for had a major (£250,000) renaming/re-launch. The owner owned 4 companies and all seemed well.... lot's of customers and gaining new ones.
6th Dec 2000 (my birthday), turned up for work in my company car, only to be asked for the keys by a nice guy from Price Waterhouse Coopers. Was not even allowed in the premises to collect personal belongings.