Acquisitions (Tables)

12 Months Ended

Dec. 31, 2021

Disclosure Of Acquisition [Abstract]

Schedule of calculating goodwill arising from the acquisition the fair value of net assets acquired was determined

	£’000
Property, plant and equipment		3,943
Trade and other receivables		4,868
Cash and cash equivalents		3,975
Trade and other payables		(4,819	)
Lease liabilities		(3,791	)
Deferred tax liabilities		(44	)
Total net assets acquired		4,132
Intangible assets recognized on acquisition:
Software		19,558
Brand		1,303
Deferred tax arising on intangible assets		(3,985	)
Total intangible assets recognized on acquisition		16,876
Total identifiable net assets at fair value		21,008
Goodwill		44,356
Purchase consideration transferred		65,364
Satisfied by:
Cash		20,996
Debt assumed and discharged		4,463
Shares issued		33,339
Warrants issued		6,566
Purchase consideration transferred		65,364

	£’000
Property, plant and equipment		25,101
Inventory		333
Trade and other receivables		7,335
Cash and cash equivalents		669
Trade and other payables		(2,160	)
Lease liabilities		(2,766	)
Provisions		(253	)
Deferred tax liabilities		(88	)
Total net assets acquired		28,171
Intangible assets recognized on acquisition:
Customer relationships		7,300
Deferred tax arising on intangible assets		(1,387	)
Total intangible assets recognized on acquisition		5,913
Total identifiable net assets at fair value		34,084
Goodwill		5,041
Purchase consideration transferred		39,125
Satisfied by:
Cash		29,125
Debt assumed and discharged		9,000
Shares issued		1,000
Purchase consideration transferred		39,125

	£’000
Property, plant and equipment		27,181
Trade and other receivables		5,493
Cash and cash equivalents		8,589
Trade and other payables		(5,982	)
Loans and borrowings		(19,879	)
Lease liabilities		(3,830	)
Deferred tax liabilities		(16	)
Total net assets acquired		11,556
Intangible assets recognized on acquisition:
Software		4,445
Brand		1,444
Deferred tax arising on intangible assets		(1,905	)
Total intangible assets recognized on acquisition		3,984
Total identifiable net assets at fair value		15,540
Goodwill		44,814
Purchase consideration transferred		60,354
Satisfied by:
Cash		28,722
Shares issued		31,009
Voluntary employee share option plan		623
Purchase consideration transferred		60,354

	£’000
Property, plant and equipment		81
Trade and other receivables		788
Cash and cash equivalents		704
Trade and other payables		(1,535	)
Total net assets acquired		38
Intangible assets recognized on acquisition:
Software		10,287
Deferred tax arising on intangible assets		(2,131	)
Total intangible assets recognized on acquisition		8,156
Total identifiable net assets at fair value		8,194
Goodwill		15,496
Purchase consideration transferred		23,690
Satisfied by:
Cash		23,570
Deferred consideration		120
Purchase consideration transferred		23,690

	£’000
Property, plant and equipment		29,062
Financial investments		3
Inventory		1,247
Trade and other receivables		7,972
Cash and cash equivalents		8,161
Trade and other payables		(7,727	)
Lease liabilities		(25,749	)
Provisions		(3,224	)
Deferred tax assets		(335	)
Total net assets acquired		9,410
Intangible assets recognized on acquisition:
Software		1,489
Customer relationships		7,574
Deferred tax arising on intangible assets		(1,765	)
Total intangible assets recognized on acquisition		7,298
Total identifiable net assets at fair value		16,708
Goodwill		59,770
Purchase consideration transferred		76,478
Satisfied by:
Cash		61,105
Debt assumed and discharged		15,373
Purchase consideration transferred		76,478

	£’000
Property, plant and equipment		249
Trade and other receivables		658
Cash and cash equivalents		377
Trade and other payables		(1,186	)
Loans and borrowings		(1,468	)
Lease liabilities		(215	)
Total net assets acquired		(1,585	)
Intangible assets recognized on acquisition:
Software		603
Customer relationships		6,235
Deferred tax arising on intangible assets		(1,709	)
Total intangible assets recognized on acquisition		5,129
Total identifiable net assets at fair value		3,544
Goodwill		20,025
Purchase consideration transferred		23,569
Satisfied by:
Cash		15,644
Deferred consideration		2,560
Shares issued		5,365
Purchase consideration transferred		23,569

	£’000
Property, plant and equipment		25
Inventory		566
Trade and other receivables		49
Cash and cash equivalents		1,581
Trade and other payables		(1,090	)
Provisions		(72	)
Total net assets at fair value		1,059
Intangible assets recognized on acquisition:
Software		205
Deferred tax arising on intangible assets		(39	)
Total intangible assets recognized on acquisition		166
Total identifiable net assets at fair value		1,225
Goodwill		6,645
Purchase consideration transferred		7,870
Satisfied by:
Cash		3,205
Deferred consideration		1,500
Debt assumed and discharged		3,165
Purchase consideration transferred		7,870