National Car Parks (NCP) has confirmed that around 20 of its car parks will close for good. The company, which employs 682 people and manages 340 car parks across the UK, collapsed into administration earlier this month.
It has now told landlords and employees that 22 car parks are "no longer commercially viable to operate" and will shut on Friday (March 27). A source told Sky News that the closure of the sites will result in a "small" number of job losses. Meanwhile, the remaining 318 car parks will remain open with no other sites indentified for closure.
As reported by Sky News, administrators concluded on Monday morning (March 23) that 22 of NCP's car parks would shut for good. The company's performance has been deteriorating over several years.
The NCP estate is spread across town centres, train stations, airports and hospitals. The company has struggled in recent times due to home working and the increase of online shopping.
Bosses said the business had "insufficient cash available to meet its financial obligations and the directors have therefore taken the decision to appoint administrators". PwC was appointed join as administrator and said it would "engage with landlords", adding that a sale of "all or part of the business" is being considered.
As of September 30 last year, NCP had debts £305 million greater than the value of its assets. The firm said it had not recovered from the impact of Covid-19 and the rise in flexible working.
NCP was founded in 1931 and is one of the biggest car park operators in the UK. PwC said the firm had a "high concentration" of inflexible leases that prevented it from scrapping unprofitable car parks.
It's car parking charges vary depending on the location, with some central London sites costing up to £65 for 24 hours. In Manchester, some car parks can cost up to 333 for a 24-hour stay.
An NCP spokesperson said: "National Car Parks Limited (NCP) - in administration - 22 sites to close on 27 March, while all other sites remain open. On Monday March 16, 2026, Zelf Hussain, Rachael Wilkinson and Toby Banfield of PwC were appointed as Joint Administrators of National Car Parks Limited.
"Following an initial assessment of operations, the joint administrators have identified 22 sites that are commercially unviable and will therefore be closed to customers from 11:59pm on 27 March.
"Regrettably, due to the closure of these sites, 33 employees will be made redundant on 31 March. They will be supported through the statutory redundancy payments process. The other 318 car parks remain open and there are no further sites identified for closure at this time."
NCP has confirmed that these 22 car parks will close at 11.59pm on Friday, March 27.
