Britain’s largest car park operator, NCP, is poised to enter administration after filing an intention to appoint an administrator at the High Court. The announcement, which affects over 1,000 employees, follows a 7.15% decline in turnover to £187 million for the financial year ending 2023. NCP has faced scrutiny for issuing incorrect fines, including a notable incident involving a grandfather charged for a brief parking stay despite signs indicating free parking for 90 minutes.
Want More Context? 🔎
Loading PerspectiveSplit analysis...