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Will you miss National Car Parks?

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By *ral b.. OP   Man
1 week ago

.

Gone into administration so they have..

Will somebody pleeeese make a

" so many levels" joke

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By *ral b.. OP   Man
1 week ago

.

I often say " car park" to my American friends...

.

It means a lot to them

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By *oshua.LMan
1 week ago

slough

I once had sex with a dwarf in a NCP lift. That was wrong on so many levels.

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By *racknell DeepthroaterMan
1 week ago

Bracknell

There used to be a NCP car park in Soho which had a really good cottage on the lower level always fun to be had in there....

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By *idingcockMan
1 week ago

Driffield

Guessing working from home and online shopping has done for them.

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By *ornysecretaryTV/TS
1 week ago

near loughborough

It would appear that their business plans have been parked for now, not going to the next level.

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By *upertedMan
1 week ago

Nelson


"Guessing working from home and online shopping has done for them. "

Doubt it. £26 for parking from 5pm til 9pm more like it. 🚗 🚘

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By *LASGOW 60s GUYMan
1 week ago

Glasgow

They blame COVID and people not using cars. At their prices you can't blame folk for for using other transport. Taxis would be cheaper for many guys

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By *enjamin2018Man
1 week ago

Portsmouth

The jokes on this thread have sunk to a new level.

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By (user no longer on site)
1 week ago

They only managed most of the carparks or lease them, not own them, the be someone else ready to replace them screw you lol

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By *orestguywantsbjMan
1 week ago

Ross on Wye

Robbing bastards

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By *IPMANMan
1 week ago

West London

They've been eating the public for fucking years, they deserve it....but the owners/Directors have lined their own vaults already.

Presumably the blessed Mayor Kahn will stick his oar in....

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By *IPMANMan
1 week ago

West London

FLEECING THE PUBLIC

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By *anleybeatonMan
1 week ago

london

priced themselves out of the market

next in line - restaurants

people are sick of being ripped off

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By *uriouslyMatureMan
1 week ago

Bracknell

The jokes on this thread are wrong on so many levels.

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By *orcsmatMan
1 week ago

Kidderminster

No. Never use them - too expensive and I object to paying for parking.

Suspect I'm not alone here. I wonder if that has anything to do with it?

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By *apnKinkMan
1 week ago

Chesterfield/Sheffield

When there are better, cheaper, nicer car parks on offer (Q-Park) then why would people park in the poorly lit, poorly maintained, rank smelling concrete monstrosities that NCPs seem to be?

🤷

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By *uck me in KentMan
1 week ago

Medway

I'll miss them for their dark corners and stairwells

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By *elenaCDTV/TS
1 week ago

In the sticks Somerset

Surprised they didn't ramp up the charged to a higher level!,😅

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By *ldmanMan
1 week ago

Rawcliffe Bridge.

It will probably surprise many, that they had lots of car parks, up and down the country, as not many pay any attention to the car park they park in, and some can't even remember where they parked the car!

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By *rancd2TV/TS
1 week ago

Wolverhampton

Where will I go for a piss now?

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By *0yguyMan
1 week ago

Cumbria

Does this mean the parking penalty notices will go away?

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By *tephen_b50Man
1 week ago

Bristol

"From 2002, [NCP was] owned by private equity companies Cinven and 3i, and then by an infrastructure fund run by the Australian bank Macquarie, which loaded it with debt. In 2011, under Macquarie’s ownership, NCP had debts of £450m."

Macquarie was the same bank that ran Thames Water into the ground, using the same strategy: take over a company, and load it with debt while neglecting the assets, allowing allowing them to rot.

Use the debt to pay out large dividends & salaries, set up pensions and golden handshakes for executives, and then exit leaving the company uninvestable.

"In 2017, it was sold by Macquarie to Park24 and the government-owned Development Bank of Japan." Severe lack of due diligence there, i think.

There is also mention of commitments to long-term leases, which prevented NCP cutting its costs in a shrinking market. That might have seemed a smart strategy before Covid, but its arrival bit a lot of businesses in the arse.

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