---
title: "MSTG COMPANY LIMITED - Payment Practices"
date: 2026-03-27
url: https://paymentcheck.co.uk/company-search/10403829/mstg-company-limited
description: "View payment practices for MSTG COMPANY LIMITED. Average time to pay: 66 days."
---

# MSTG COMPANY LIMITED

## Company Information

- **Company Number:** 10403829
- **Status:** Dissolved
- **Company Type:** Private limited Company
- **Incorporated:** 30 September 2016
- **Registered Address:** Barry Plant, Cardiff Road, Barry, Vale Of Glamorgan, Wales, CF63 2YL
- **Industry:** Raw Materials And Intermediate Goods
- **Region:** Wales

## Payment Statistics

- **Average Time to Pay:** 66 days
- **Invoices Paid Within 30 Days:** 5%
- **Invoices Paid Between 31-60 Days:** 25%
- **Invoices Paid Later Than 60 Days:** 70%
- **Invoices Not Paid Within Agreed Terms:** 3%

## Payment Terms

- **Standard Payment Terms:** NET 60
NET 90
NET 30
- **Shortest Payment Period:** 30 days
- **Longest Payment Period:** Not available days
- **Maximum Contractual Period:** 90 days

## Payment Practices

- **Payment Terms Changed:** Not available
- **Suppliers Notified of Changes:** Not available
- **E-Invoicing Offered:** True
- **Supply Chain Financing Offered:** True
- **Participates in Payment Codes:** No

## Dispute Resolution

A supplier invoice can be received either in paper or PDF format.
The paper invoice will be barcoded and scanned, the PDF invoice will be uploaded into the ERP system.
Invoices with a purchase order.
A first pass attempt to post the invoice in the financial book of records will be executed, whereby the invoice amounts and quantities will be matched versus the purchase order.
In case of discrepancies, an internal follow up will be performed with the purchase requisitioner or goods receiver for the quantity part and/or with the buyer for unit price deviations.
If the discrepancy cannot be solved and are rejected by the internal partners, the invoice will be rejected and sent back to supplier with the request to issue a corrective invoice or (partial) credit note.
If the discrepancy has been reviewed and proper follow up is provided to solve it, the invoice will be posted. This financial posting may be subject to an additional internal audit which will block the entry.
Once the audit is performed, the block will be released and the invoice is ready for payment.
Invoice without a purchase order.
The invoice should at least indicate a reference or a contact person which should enable the request to review the invoice on correctness.
If no reference is available, the invoice will rejected and sent back to the supplier with request to provide proper reference or contact details. 
If a reference or contact is available, an internal follow up will be performed to have the invoice reviewed on correctness and to acquire authorization for payment.
Based on the authorization, the invoice will be posted. 
If no authorization can be obtained, the invoice will be rejected and sent back to supplier with the request to issue a corrective invoice or (partial) credit note.
This financial posting may be subject to an additional internal audit which will block the entry.
Once the audit is performed, the block will be released and the invoice is ready for payment.
The payment due date of the invoice is calculated based on the agreed upon payment terms. Once the due date is reached, the invoice will be selected for payment.

## Summary

MSTG COMPANY LIMITED was a private limited company registered in Wales. The company operated under this corporate structure, which is a common business format in the United Kingdom for organisations conducting commercial activities.

The company was incorporated on 30 September 2016 and held company registration number 10403829 with Companies House. Its registered office was located at Barry Plant, Cardiff Road, Barry, Vale of Glamorgan, Wales, CF63 2YL. The company has since been dissolved and is no longer an active trading entity.

Private limited companies of this nature in the UK operate across a wide range of sectors, conducting business under the protections and obligations set out by the Companies Act 2006. Such companies maintain separate legal identity from their directors and shareholders, with their activities and filings recorded through Companies House in accordance with UK corporate law.

As a dissolved company, MSTG COMPANY LIMITED no longer holds legal standing as a trading entity, and its registration has been formally closed on the official Companies House register.

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*Data sourced from official UK government payment practices reports. Last updated: 2026-03-27*