NCP car park operator enters administration with 682 jobs at risk
Mar 16th 2026
PwC steps in to sell or restructure National Car Parks after weak post-Covid demand, inflexible leases and higher costs left the 95-year-old operator loss-making; sites remain open and staff are in post.
- NCP has entered administration, putting 682 jobs at risk.
- PwC was appointed joint administrator and is seeking to sell the business or parts of it.
- The company runs about 340 car parks across the UK, including at airports, hospitals and train stations.
- PwC said parking demand has not recovered to pre-Covid levels due to shifts in commuting and driving patterns.
- NCP and parent Park24 cited long-term inflexible leases and higher energy costs after the Ukraine war as drivers of sustained losses.
- All sites are open, staff remain in post and trading continues while PwC explores options.