,
London The company was incorporated in 1931 and is commonly traced to its founder, Colonel Frederick Lucas. In 1998 NCP was sold to the US company Cendant for £801 million. In 2005 it was acquired by 3i for £555 million. In 2007, 3i sold NCP's off-street parking business to a fund managed by Macquarie for £790 million. Macquarie later agreed a sale to a consortium of Park24 and the Development Bank of Japan in 2017. In March 2026, NCP entered administration, with PwC appointed as administrators while the business continued to trade. ==Operations==