Family businesses set to lose £450,000 following collapse of Princess of Wales's parents' party supplies company earlier this year

A string of family businesses will not receive any of the £450,000 they are owed by Party Pieces, the company run by the Princess of Wales’s parents that went bust this year, while HMRC, which is owed £613,000 in unpaid VAT, is also unlikely to be paid.

More from the Daily Mail.