MUSTANG ENGINEERING LIMITED
Company Information
- Company Number
- SC273548
- Registered Address
- Sir Ian Wood House Hareness Road, Altens Industrial Estate, Aberdeen, Scotland, AB12 3LE
- Status
- Active
- Employee Count
- 0
- Turnover
- £13,530,000
- EBITDA
- -£819,000
Additional Details
- Website
- https://woodplc.com
- Company Type
- Private limited Company
- Incorporated On
- 17 September 2004
- Nature of Business
- 71121 - Engineering design activities for industrial process and production71129 - Other engineering activities
- Industries
- Coming Soon
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2020 - 31 Dec 2020 | 01 Feb 2021 | 25 | 62% | 36% | 2% | 38% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 22 | 76% | 21% | 3% | 24% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 16 | 89% | 9% | 2% | 11% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 20 | 75% | 22% | 3% | 26% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Our Payment standard Payment terms are 60 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
Dispute Resolution Process
Wood Mustang Engineering are committed to being financially responsible and acting with integrity. We endeavor to resolve all disputes in a fair and timely manner. Disputes are typically resolved by discussion between the supplier and the business focal point and in case escalation is required to the business grouping SVP and VP F & A.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
MUSTANG ENGINEERING LIMITED is a UK-based company that specializes in providing engineering solutions to various industries. They are committed to sustainability and have a dedicated sustainability program in place.
The company offers a wide range of products and services including design, fabrication, installation, and maintenance of engineering systems. Their expertise lies in the oil and gas, petrochemical, and renewable energy sectors.
Key people in the company include the Managing Director, who oversees the overall operations, and the Director of Sustainability, who leads the sustainability efforts. The company also has a team of highly skilled engineers and technicians who deliver quality services to their clients.
MUSTANG ENGINEERING LIMITED takes sustainability seriously and has implemented various initiatives to reduce their environmental impact. They have a recycling program in place and use eco-friendly materials in their projects. The company also promotes energy efficiency and has implemented measures to reduce their carbon footprint.
Clients can contact MUSTANG ENGINEERING LIMITED through their website, which provides detailed information about their services and projects. The company's registered office address is located in London, UK.
In summary, MUSTANG ENGINEERING LIMITED is a reputable company that offers engineering solutions while prioritizing sustainability. With their dedicated sustainability program and commitment to environmentally friendly practices, they continue to be a leading player in the industry.
