{"id":1481,"date":"2026-10-04T17:00:58","date_gmt":"2026-10-04T17:00:58","guid":{"rendered":"https:\/\/stock789.top\/?p=1481"},"modified":"2026-10-04T17:00:58","modified_gmt":"2026-10-04T17:00:58","slug":"over-700-jobs-at-risk-as-major-uk-firm-in-administration-again","status":"publish","type":"post","link":"https:\/\/stock789.top\/?p=1481","title":{"rendered":"Over 700 jobs at risk as major UK firm in administration again"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.oxfordmail.co.uk\/resources\/images\/21534925\/\" \/><\/p>\n<p>\n  According to records published by The Gazette, NCP Commercial Services Ltd has once again entered administration.\n<\/p>\n<p>\n  The move follows a difficult period for the parking operator, which has faced ongoing financial pressures linked to changing travel habits and lower demand for car parking since the pandemic.\n<\/p>\n<p>\n  NCP (National Car Parks) Commercial Services Ltd, founded in London in 1931, manages and operates car parks across the UK.\n<\/p>\n<p>\n  READ MORE: Celebrity TV chef&#8217;s flagship restaurant in UK closes down after 14 years\n<\/p>\n<p>\n  It offers \u201ca fantastic amount of choice\u201d to customers when it comes to finding somewhere to park their vehicles.\n<\/p>\n<p>\n  On its website, it says: \u201cWe\u2019re passionate about parking services.\n<\/p>\n<p>\n  \u201cAs the UK\u2019s number one car park operator, we have helped millions of customers to find solutions that are right for them.\u201d\n<\/p>\n<p>\n  The car park operator says it has more than 200,000 car park spaces across more than 800 sites across the UK.\n<\/p>\n<p>\n  READ MORE: Jeremy Clarkson catches &#8216;dogger&#8217; in woods near Diddly Squat Farm\n<\/p>\n<p>\n  Edward Williams, Timothy Andrew Higgins and David Robert Baxendale of PricewaterhouseCoopers (PwC) were appointed as joint administrators on September 30, 2026, according to The Gazette.\n<\/p>\n<p>\n  The business, owned by Japanese group Park24, had already called in administrators earlier this year, with 682 jobs put at risk in March 2026.\n<\/p>\n<p>\n  At the time, NCP said its finances had been affected by a sustained decline in parking demand following Covid-19 restrictions.\n<\/p>\n<p>\n  The company said evolving commuting patterns and changes in the way consumers travel had reduced occupancy levels across a number of its sites.\n<\/p>\n<p>\n  READ MORE: Kaleb Cooper shares plans to sell his sports cars and buy farm\n<\/p>\n<p>\n  It also pointed to the burden of long-term lease agreements on underperforming locations, which added to its financial challenges.\n<\/p>\n<p>\n  National closure lists confirmed that one Oxfordshire site, NCP Banbury Marlborough Road, was among those to close at the end of March.\n<\/p>\n<p>\n  NCP\u2019s own online locator shows that it operates car parks at Oxford&#8217;s Gloucester Green and Oxford&#8217;s Worcester Street.\n<\/p>\n<p>\n  Neither of these car parks was on the published closure list, and both are still open under the administrators\u2019 control.\n<\/p>\n<p>#jobs #risk #major #firm #administration<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to records published by The Gazette, NCP Commercial Services Ltd has once again entered administration. The move follows a difficult period for the parking operator, which has faced ongoing&hellip; <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1481","post","type-post","status-publish","format-standard","hentry","category-finance-news"],"_links":{"self":[{"href":"https:\/\/stock789.top\/index.php?rest_route=\/wp\/v2\/posts\/1481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stock789.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock789.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock789.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock789.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1481"}],"version-history":[{"count":0,"href":"https:\/\/stock789.top\/index.php?rest_route=\/wp\/v2\/posts\/1481\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock789.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock789.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock789.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}