Administrators for Burleighs Gin still hope a buyer can be found, more than a month after being called in.
It comes as newly released documents show Burleighs was £1.58 million in the red when it went under at the start of December.
Administrators at Begbies Traynor said following the collapse they still hoped a new owner would step in and today gave an update saying “the company is not going to be liquidated”.