Car Park giant NCP with over 10 locations in Sheffield goes into administration putting 650 jobs at risk
A nationwide car park operator with over 10 locations in Sheffield has gone into administration.
NCP announced the collapse on Monday (March 16) claiming it has struggled to fill spaces since the Covid pandemic.
Its sites currently remain open to drivers despite administrators taking charge.
NCP, possibly the UK’s biggest name in car parks, has operated for nearly 100 years and operates around 340 car parks across the UK.
The company’s fortunes suffered in the aftermath of the Covid lockdowns, with city-centre and commuter spots hardest hit.
In September 2025, NCP was ordered to close an illegal car park on Fitzwilliam Street that it opened without planning permission.
NCP blamed its struggles partly on a change to commuting and consumer driving patterns after the pandemic, which have impacted occupancy across its car parks, while it has also struggled with costs linked to long-term and inflexible leases on loss-making properties.
The collapse means 682 jobs are now potentially at risk, though employees have been told sites are operating as normal while administrators consider the next steps, with some or all of NCP potential being put up for sale.
Administrators said they will be assessing the viability of each location operated by the firm, which was founded in 1931 and is owned by Japanese company Park24.
Some sites may close as a result.
Zelf Hussain, joint administrator and partner for PwC, said: “NCP has faced a challenging trading environment over several years, with changing consumer behaviours impacting volumes, and a high fixed cost-base leading to trading losses.
“Our priority on appointment is to ensure continuity of service while we undertake a detailed review of the business. All sites are open, staff remain in post, and trading continues as normal.
“We will be engaging with landlords, employees and other stakeholders as we explore all options, including the potential sale of all or part of the business, to secure the best possible outcome for creditors.”
NCP operates car parks across Sheffield, including Blonk Street, Hartshead Square, Wellington Street, Furnival Gate, Solly Street, Campo Lane, Sidney Street, Eyre Street, Bowdon Street, and Fitzwilliam Street.