Particle.news

NCP Shuts Five More Car Parks on April 30 as PwC Reviews Business

High debt and weak city‑centre demand forced the 95‑year‑old operator into administration under PwC.

Overview

  • PwC confirmed a further five NCP car parks would close from April 30, including Kidderminster Swan Centre, Southampton Portland Terrace/Western Esplanade, Chester Browns Yard, Bradford Southgate and Nottingham Huntingdon.
  • Most of the company’s roughly 340 locations remain open under the administrators, who are assessing options for the business.
  • Councils in affected cities told drivers to use nearby alternatives as the shutdowns took effect at 11:59 pm on April 30.
  • Nearly 700 jobs are at risk across NCP, with a little over 30 roles cut in the first wave of late‑March site closures.
  • NCP’s parent reported liabilities exceeding assets by about £305 million and demand that has lagged since Covid, and industry voices expect stronger airport and station sites to be kept or sold.