Current Operations
NCP was sold to 3i in July 2005 for £555million, with 3i saying it would continue to grow NCP as a service-oriented and public-outsourcing company. In order to maximise the growth potential of both sides of the business, in 2007 the original parking arm of the company National Car Parks Limited was separated from the newer service-based side of the business (NCP Services Ltd) creating two distinct and diverse companies.
National Car Parks Limited (the original parking operator) was acquired in 2007 by Macquarie European Infrastructure Fund II.
In December 2011 it was reported that the company was struggling with its debt and at risk of restructuring, after suffering a pre-tax loss of £93.5m for the year to March 2011.
Today NCP hosts car parking in all areas of the UK, supporting some of the most popular public services such as London Heathrow, the world's 4th largest airport. They also run the flagship hospital car park located at Addenbrookes Hospital in Cambridge.
Read more about this topic: National Car Parks
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