Staff were made redundant on 1 May
A meeting of creditors of Everest (Isle of Man) Limited is to take place on 1 July.
The company entered a voluntary liquidation process after staff at the firm were made redundant from 1 May.
A spokesman for ReSolve, the administrators of the UK parent company, Everest 2000, told Manx Radio last month there were no known material assets in the Isle of Man company.
The meeting for creditors of Everest (Isle of Man) Ltd is to take place virtually at 10.30am on 1 July for the purpose of providing a full statement of the company's affairs, together with a list of creditors and an estimated amount of their claims.
If thought fit, the company will be wound up by creditors voluntary liquidation, with Ben Woodthorpe and Chris Farrington appointed as liquidator.
Everest (Isle of Man) acquired its stock through the UK parent, which went into administration on the 25 April, meaning ongoing orders could not be fulfilled.
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