Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Trade and other payables

v3.23.1
Trade and other payables
12 Months Ended
Dec. 31, 2022
Trade and other payables [Abstract]  
Trade and other payables

19. Trade and other payables

 

    At December 31
2022
    At December 31
2021
 
    £’000     £’000  
             
Trade payables     18,141       29,224  
Accruals and other creditors     25,192       25,279  
Tax and social security payables     5,494       11,316  
Contract liabilities     19,374       7,911  
Deferred consideration    
-
      5,554  
                 
Total trade and other payables     68,201       79,284  
                 
Current     68,201       79,284  
Non-current    
-
     
-
 

 

Contract liabilities relate to undelivered vehicles. They are short term in nature and are derecognized within one month of the reporting period end across both 2022 and 2021 financial years.