Drivers have been given a number of updates after the nation’s largest parking operator collapsed into administration this week.
The parking operator fell into administration this week (Picture: Getty)
Drivers issued fines by NCP have been given an replace amid information that the corporate has been positioned into administration. NCP, which is the nation’s largest automotive park operator, collapsed into administration this month because of rising prices and and a drop in demand.
The corporate, which is owned by the Japanese international parking operator Park24, had been experiencing losses because the pandemic and had made a number of efforts to try to enhance its cashflow. Nonetheless, on March 16, 2026, Zelf Hussain, Rachael Wilkinson and Mark Banfield of PWC had been appointed as Joint Directors.
Park24 revealed a discover on its web site informing prospects of the appointment of administration, stating that “no prospect of enchancment in its [NCP’s] cashflow place might be recognized”.
It said: “Accordingly, with the intention of defending collectors’ financial pursuits by the preservation of the worth of the enterprise and its belongings, NCP’s Board of Administrators resolved to position NCP into Administration, an insolvency process underneath the legal guidelines of England and Wales.”
It added that it’ll “proceed to co-operate in good religion relating to the orderly conduct of the Administration”.
Automotive parks proceed to function as regular, in line with PWC, which has issued a number of updates to prospects relating to the administration information, together with one on whether or not prospects should pay any Penalty Cost Notices.
PWC’s web site reads: “The administration course of doesn’t cancel or invalidate any PCNs which have been issued. You probably have acquired a PCN, you stay answerable for cost in accordance with the phrases and circumstances of the automotive park.
“PCN funds ought to proceed to be made within the normal method utilizing the cost particulars said in your PCN. The Directors are persevering with to function the enterprise, and present cost channels stay energetic. In case you expertise any problem making a cost, please contact the small print offered in your discover.”
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PWC additionally assured prospects that any pre-booked parking reservations and season tickets are nonetheless legitimate. Nonetheless, drivers are urged to watch updates at www.pwc.co.uk/ncp as issues might change sooner or later.
Concerning pre-booked parking, it added: “On account of the administration, we’re sadly unable to offer you any refund. Please contact ncpcustomerservice@ncp.co.uk with any queries relating to your reserving.”
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