Our company has the same limit - 1000ft AGL. Pretty much the FSF 'stabilized approach' criteria.
Why the MCT Cribbly? Leave the reference thrust setting in G/A, you won't need much more power, besides an engine failure on approach is observable, and less difficult to control (especially on the Airbus/B777).
However, If you do Go-around, check to see if you have an Emergency Turn or Engine Failure Procedure for the runway (critical airport). Flying the 'standard' Missed Approach Procedure, 'may-not' guarantee your obstacle clearance (most critical airfields DON'T and most MAP's have different PDG's).
This should really be another thread (I have started similar ones - and JT will tell you much more) - ----------so here goes.....
How many of you (your company) have Engine Failure Procedures for :-
a) Take-off
b) Missed Approach
?????????????????????????
we do,.... did,..... do,.... did.......on going discussion among pilots/managers who can't change, with the truth about safety!!!!!
:o
fly safe!