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

Revenue (Tables)

v3.23.1
Revenue (Tables)
12 Months Ended
Dec. 31, 2022
Disclosure Of Revenue Text Block Abstract  
Schedule of material revenue
    Year ended
December 31
2022
£’000
    Year ended
December 31
2021
£’000
    Year ended
December 31
2020
£’000
 
Type of goods or services                  
Retail1     1,103,557       515,711       153,541  
Wholesale     116,541       103,203       8,667  
Other sales1     28,493       36,509      
-
 
      1,248,591       655,423       162,208  
                         
Timing of revenue recognition                        
Goods and services transferred at a point in time     1,231,204       645,952       162,208  
Goods and services transferred over time     17,387       9,471      
-
 
      1,248,591       655,423       162,208  

 

1

Retail includes the aggregate retail sales price and ancillary products (including financing commission, warranty commission, paint protection and any add-ons), together with delivery charges and admin fees, from all vehicles sold through the Group’s retail channel in the year. Ancillary revenues were previously presented in “Other sales”. The comparatives for 2021 and 2020 have been restated for consistency (ancillary revenues were £15.2 million for the year ended 31 December, 2021 and £3.1 million for the year ended December 31, 2020).

 

Schedule of revenue expected to be recognized in the future related to performance obligations
    Within one
month as at
December 31,
2022
    Within one
month as at
December 31,
2021
 
    £’000     £’000  
                 
Undelivered vehicles     19,374       7,911