{"id":4229,"date":"2026-03-16T17:49:02","date_gmt":"2026-03-16T17:49:02","guid":{"rendered":"https:\/\/www.worldpumpnews.com\/?p=4229"},"modified":"2026-03-16T17:49:02","modified_gmt":"2026-03-16T17:49:02","slug":"almost-700-jobs-at-risk-as-major-car-park-firm-collapses-into-administration","status":"publish","type":"post","link":"https:\/\/www.worldpumpnews.com\/?p=4229","title":{"rendered":"Almost 700 jobs at risk as major car park firm collapses into administration"},"content":{"rendered":"

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Another one bites the dust<\/h2>\n<\/p>\n

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Almost 700 jobs are at risk after a major car park firm collapsed into administration.<\/p>\n<\/div>\n

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This is just the latest of a number of businesses to fall into administration in recent months in the UK.<\/p>\n<\/div>\n

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National Car Parks (NCP) is one of the largest car parking firms in the UK running 340 car parks nationwide with 682 jobs at risk as per the BBC.<\/p>\n<\/div>\n

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PwC were called in to oversee the next steps, with the administrator saying that demand had not recovered to pre-Covid levels, highlighting “shifts in commuting and customer driving patterns”.<\/p>\n<\/div>\n

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It added that NCP could no longer afford to pay creditors after consistently losing cash and that the business could not scrap “long-term, inflexible” leases on unprofitable sites.<\/p>\n<\/div>\n

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PwC said the best outcome would be to sell the business in order for NCP to pay money to those the firm owes it to.<\/p>\n<\/div>\n

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It added: “All sites are open, staff remain in post, and trading continues as normal.<\/p>\n<\/div>\n

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“We will be engaging with landlords, employees, and other stakeholders as we explore all options.”<\/p>\n<\/div>\n

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Joint administrator and PwC partner, Zelf Hussain, said the company had faced “a challenging trading environment” in recent times.<\/p>\n<\/div>\n

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“Our priority on appointment is to ensure continuity of service while we undertake a detailed review of the business,” he added.<\/p>\n<\/div>\n

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#jobs #risk #major #car #park #firm #collapses #administration<\/p>\n","protected":false},"excerpt":{"rendered":"

Another one bites the dust Almost 700 jobs are at risk after a major car park firm collapsed into administration. This is just the latest of a number of businesses to fall into administration in recent months in the UK. National Car Parks (NCP) is one of the largest car parking firms in the UK […]<\/p>\n","protected":false},"author":1,"featured_media":4230,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[2380,450,1524,4267,582,1566,1525,3186,588,1588,4268,4269,923,1929,334],"class_list":{"0":"post-4229","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-featured","8":"tag-administration","9":"tag-business","10":"tag-car","11":"tag-car-parks","12":"tag-cars","13":"tag-collapses","14":"tag-driving","15":"tag-firm","16":"tag-jobs","17":"tag-major","18":"tag-motorists","19":"tag-ncp","20":"tag-news","21":"tag-park","22":"tag-risk"},"_links":{"self":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/posts\/4229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4229"}],"version-history":[{"count":0,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/posts\/4229\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/media\/4230"}],"wp:attachment":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}