| National Car Parks (NCP) goes into administration Posted by grahame at 16:42, 16th March 2026 |     |
From the BBC
National Car Parks (NCP) has gone into administration, putting 682 jobs at risk.
The car park operator said demand for parking had not recovered to pre-Covid levels, pointing to "shifts in commuting and customer driving patterns".
After consistently losing cash, it could no longer afford to pay its creditors and was unable to scrap "long-term, inflexible" leases on loss-making sites.
Its administrators, PwC, are looking to sell the business as the "best outcome" for those NCP owes money to. "All sites are open, staff remain in post, and trading continues as normal," PwC added.
"We will be engaging with landlords, employees, and other stakeholders as we explore all options," PwC said.
NCP is one of the biggest car park operators in the UK, running 340 car parks across the country, including in airports, hospitals and transport hubs.
The car park operator said demand for parking had not recovered to pre-Covid levels, pointing to "shifts in commuting and customer driving patterns".
After consistently losing cash, it could no longer afford to pay its creditors and was unable to scrap "long-term, inflexible" leases on loss-making sites.
Its administrators, PwC, are looking to sell the business as the "best outcome" for those NCP owes money to. "All sites are open, staff remain in post, and trading continues as normal," PwC added.
"We will be engaging with landlords, employees, and other stakeholders as we explore all options," PwC said.
NCP is one of the biggest car park operators in the UK, running 340 car parks across the country, including in airports, hospitals and transport hubs.
I have never had any great love for NCP or any car parking company - perhaps just the nature of the beast?
