| 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?
| Re: National Car Parks (NCP) goes into administration Posted by Fourbee at 12:00, 17th March 2026 | |
I'd just assumed they owned all their sites; I wonder how much debt they are carrying too?
| Re: National Car Parks (NCP) goes into administration Posted by Oxonhutch at 12:26, 17th March 2026 | |
The rot probably set in when all those German engineered parking areas in our inner cities started to get built on. I have memories of lots of NCP sites in London in my youth.
| Re: National Car Parks (NCP) goes into administration Posted by John D at 13:16, 17th March 2026 | |
NCP seem to have lots of multi-story car parks in city centres, that are of the 1950s and 1960s design, often with other businesses in the ground floors. Many of these concrete car parks have very tight spaces by modern (fatter) car standards.
Last time I used one of these (in Nottingham) it seemed to be really unpopular and run down, and required careful manoeuvring to park, so I can see why many prefer other car parks that are more modern, better lit, with working lifts, and bigger ramps and spaces.
| Re: National Car Parks (NCP) goes into administration Posted by Marlburian at 16:42, 17th March 2026 | |
Some have wondered how some multi-storey car-parks will cope with the extra weight of SUVs (which may partly be the cause of so many pot-holes).
| Re: National Car Parks (NCP) goes into administration Posted by eightonedee at 18:52, 17th March 2026 | |
I have never had any great love for NCP or any car parking company - perhaps just the nature of the beast?
Anyone else out there hoping that the dreaded RingGo follow them soon?
