One of Glasgow Airport’s private parking operators is on the brink of collapse – putting key Renfrewshire airport car parks.
National Car Parks (NCP) has filed a Notice of Intention to Appoint Administrators, signalling it is on the brink of entering administration.
The firm, which runs around 300 car parks across the UK and employs about 700 staff, operates 10 sites in Glasgow as well as several car parks at Glasgow Airport.
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The company also runs a medium to long stay car park at Prestwick Airport in Ayrshire.
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NCP has been owned since 2017 by Japan’s Park24 and the Development Bank of Japan.
The company has been sold multiple times over the years, with each owner steering changes to its business model.
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Under Park24’s ownership, the operator introduced digital upgrades such as the NCP app and automatic number plate recognition (ANPR) systems.
These changes were designed to make parking and payments faster and more convenient for customers.
In the financial year ending 2023, NCP reported turnover of £187 million, a 7.15% decrease on the previous year.
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