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Their own payment-practices filing · gov.uk

MSTG Company Limited pays suppliers in 66 days on average — 36 days past its stated terms

CRN 10403829 · 2 statutory reports on record · period to 30 Jun 2026

66daysavg time to pay · H1 2026

Their H1 2026 filing puts the average 36 days past the 30-day term they state.

Well behindvs a 31-day median across 6,104 recent filers
Their stated terms
30 days
Paid outside agreed terms
6% of invoices
Paid after 61+ days
70%
Reporting period
1 Jan 2026 – 30 Jun 2026
Source
their gov.uk filing, filed 12 Aug 2026

Self-reported figures from their statutory filing. How this is compiled.

Terms vs reality · their H1 2026 filing

Paid 36 days past their stated terms

The read · computed from their figures

MSTG Company Limited's H1 2026 filing puts their average at 66 days against stated terms of 30 days; 6% of invoices were paid outside agreed terms and 70% took 61 days or longer. Filed 12 Aug 2026.

On the latest reported averages: Slower than 95% of large companies reporting.

That is 2 statutory periods on record (earliest H2 2025) — a historical record, not a promise for a new invoice.

What they tell their suppliers

Offers e-invoicing Offers supply-chain finance

In their own words · from the filing

Standard payment terms

Net 60 Net 90 Net 30

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

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 2026666%70%12 Aug 2026
H2 2025663%70%27 Mar 2026

Illustrative · working-capital arithmetic

What a 66-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 66-day vs a 30-day payment cycle.

≈ £26,000
of invoicing outstanding at any one time on a 66-day cycle — about £14,200 more than the same account would carry at 30-day terms.

Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.

Quick answers · MSTG Company Limited

What's their typical pay point?
Their latest reports average around day 66. Treat that as a historical reference point, not a promise for a new invoice.
Can I see what this means for my invoices?
Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.
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How UK payment reporting works

What is a Payment Practices Report?
UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.
What does "paid outside agreed terms" mean?
The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.
How often is this data updated?
Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.
Is this official government data?
The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.

The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-10403829 · latest period to 30 Jun 2026

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