Around 20 car parks are set to be closed permanently, just days after one of the UK's largest parking operators collapsed.
National Car Parks (NCP) locations are expected to be closed in the near future after the company went into administration last week.
According to reports from Sky News, around 20 of its sites will be permanently closed as they are "no longer commercially viable to operate".
The closures would represent the first decisions made after NCP appointed consultancy firm PricewaterhouseCoopers (PwC) to oversee the management of the business.
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Landlords and employees have reportedly been informed this morning that the closures will be taking place.
A source speaking to Sky News stated that the closure of 20 sites would lead to a "small number of job losses".
In total, NCP, which is owned by Japanese firm Park24, operates 340 sites and directly employs almost 700 people.
Speaking last week, PwC confirmed that all sites would remain open for now, with no changes for employees or customers.
NCP will reportedly close 20 car parks in the near future after collapsing into administration last week
| GETTYIt reported that NCP had struggled in recent years following a dip in levels after the coronavirus pandemic, especially at locations in city centres and commuter areas.
PwC cited shifting trends for commuting and driving patterns, which resulted in a serious impact on parking at NCP locations.
The consultancy firm said it would be working with landlords and other stakeholders to make changes to the business designed to "improve the viability of as many of the sites as possible".
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NCP and PwC have not yet announced which car parks will be closing as part of the administration process
| PAPwC stated that a sale of "all or part of the business" would be explored as one of the options to secure the best outcome for creditors.
Zelf Hussain, Joint Administrator and PwC partner, said last week: "NCP has faced a challenging trading environment over several years, with changing consumer behaviours impacting volumes, and a high fixed cost-base leading to trading losses.
"Our priority on appointment is to ensure continuity of service while we undertake a detailed review of the business.
NCP collapsed into administration last week following financial issues
| PA"All sites are open, staff remain in post, and trading continues as normal.
"We will be engaging with landlords, employees and other stakeholders as we explore all options, including the potential sale of all or part of the business, to secure the best possible outcome for creditors."
Alongside Mr Hussain, Rachael Wilkinson and Toby Banfield will also work as Joint Administrators overseeing the future of NCP and its car parking locations.