v3.22.2.2
Revenue
6 Months Ended
Jun. 30, 2022
Revenue [Abstract]  
Revenue

3. Revenue 

 

3.1 Disaggregated revenue information

 

The following is an analysis of the Group’s revenue for the period from continuing operations. 

 

  

Six months
ended
June 30
2022
£’000

  

Six months
ended
June 30
2021
£’000

 
Type of goods        
Retail   501,770    207,948 
Wholesale   82,852    12,774 
Other sales   43,246    27,487 
    627,868    248,209 
           
Recognition of revenue          
Revenue from contracts with customers   607,097    240,530 
Other revenue   20,771    7,679 
    627,868    248,209 

 

3.2 Contract balances

 

  

At
June 30
2022
£’000

  

At
December 31
2021
£’000

 
         
Trade receivables   19,467    14,796 
Contract assets   1,385    3,451 
Contract liabilities   (30,358)   (7,911)

 

All contract assets and liabilities are short-term in nature and are derecognized within one month of the reporting period end across both June 30, 2022 and December 31, 2021.

 

Revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) at the period end is summarized as below.

 

   Within one
month as at
June 30,
2022
£’000
   Within one
month as at
December 31,
2021
£’000
 
        
Undelivered vehicles   30,358    7,911