Deloitte has said the last 50 stores will close for the final time on Tuesday, amid speculation that the brand will be sold to an online retailer and around 20 shops picked up by rivals.
The Sunday Telegraph added that unsecured creditors also included ITV and Google, which are owed £1.2 million and £602,000 respectively for unpaid advertising bills, while holders of £4.7 million of unclaimed Comet gift cards and vouchers are also on the list.
However, an estimated £40 million of payments will be made to suppliers and £2.1 million of holiday and back pay owed to staff will be paid in full.
Comet have reportedly racked up losses of £95 million in the year to April, followed by a further £31 million in the subsequent five months as credit insurers lost confidence and withdrew support for the business.
The government will take a £50m hit from the collapse of Comet, in the form of unpaid tax and redundancy costs, reports the Guardian.
The report will also disclose that unsecured creditors, including HM Revenue & Customs, which is owed £26.1 million, will receive nothing.
Secured creditors, such as the backers of Comet's parent company Hailey Acquisitions, will get payments of just under £50 million.
However, the Sunday Telegraph said this represented a shortfall of £95 million on the amount owed at the time of the collapse of the 236 store chain in early November.
The collapse of stricken electrical chain Comet has left the taxpayer looking set to face a bill of at least £24 million, according to The Sunday Times.
A report from Comet's administrator, Deloitte, is likely to indicate that insufficient funds have been raised to pay 6,000 members of staff redundancy payments totalling £24 million.
The report suggests the Government will "probably" have to step in to ensure workers receive a payout.