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Company with 800 UK car parks falls into administration for a second time this year
PwC partners took control after NCP’s second administration this year, as the car-park operator cited low occupancy, losses and inflexible leases.
- On Wednesday, September 30, 2026, NCP Commercial Services Ltd entered administration with PricewaterhouseCoopers partners Edward Williams, Timothy Andrew Higgins, and David Robert Baxendale appointed as joint administrators.
- Owned by Japanese firm Park24, the operator struggled with losses linked to inflexible long-term leases and reduced parking demand following shifts in commuting patterns since Covid-19.
- The car park operator, which has operated for 95 years, manages more than 200,000 spaces across more than 800 UK sites; it previously appointed administrators in March 2026, putting 682 jobs at risk.
- Administrators have 8 weeks to formulate proposals for creditors to vote on, while a statutory moratorium provides "breathing space" from creditor enforcement actions during restructuring.
- NCP's latest insolvency reflects a difficult year for the UK commercial sector, where businesses including Laced, Whitbread, and Wynsors World of Shoes have also entered administration or closed stores.
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23 Articles
23 Articles
Wiltshire Times+2 Reposted by 2 other sources
Jobs at risk as car park owners collapse into administration for second time in year
A major car park operator with more than 800 sites in the UK has entered administration again.
·Trowbridge, United Kingdom
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Coverage Details
Total News Sources23
Leaning Left1Leaning Right0Center22Last UpdatedBias Distribution96% Center
Bias Distribution
- 96% of the sources are Center
96% Center
C 96%
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