Wave Realisations Limited (09123512): administration
- Status
- Administration ended
- Administration began
- 2023-04-03
- Administrators
- Philip Reynolds, David Paul Hudson
- Administrators' firm
- FRP Advisory
- Formerly
- MQA Limited
- Incorporated
- 2014-07-09
- Location
- London
- Industry
- 59200 Sound recording and music publishing activities
Why it went into administration
- Funding withdrawn / unable to refinance
- Regulatory change or action
From the administrators' statement
The Company was founded in 2009 by Bob Stuart and Peter Craven. The company's headquarters are in Huntingdon, Cambridgeshire, United Kingdom. MQA Limited is a privately held company.
The Company developed an audio file format that delivers high-resolution audio to consumers (“MQA”). MQA is designed to be compatible with existing audio equipment and can be played back on a variety of devices, including smartphones, tablets, computers, and home audio systems. In addition, the Company is developing a new Bluetooth transmission codec (“SCL6”)
The Company has partnered with a number of leading audio companies, including LG, Meridian Audio, Naim Audio, and Sony. MQA audio is available on a growing number of streaming services, including Tidal, Amazon Music HD, and Qobuz.
Administrators' statement of proposals (2023-06-02) · Companies House register