# Meif II CP Holdings 3 Limited (06133821)

> Why UK company 06133821 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06133821

- **Status:** In administration
- **Administration began:** 2026-03-16
- **Administrators:** Zelf Hussain, Mark James Tobias Banfield, Timothy Andrew Higgins
- **Administrators' firm:** PwC
- **Incorporated:** 2007-03-01
- **Location:** Leeds
- **Industry:** 70100 Activities of head offices

## Why it went into administration

- Property / lease costs
- Cash flow / liquidity pressure
- Sustained trading losses
- COVID-19

## From the administrators' statement

As the major trading entity in the NCP Group, NCP’s trading performance has deteriorated over a number of years post COVID-19 as demand for parking has not recovered to historical levels, particularly across city-centre and commuter locations. Continued shifts in commuting and customer driving patterns have impacted site occupancy, while the high concentration of long-term,

inflexible leases has meant that NCP has been unable to reduce costs in line with revenue or to exit loss-making sites, resulting | in ongoing trading losses as shown by the financial results for NCP as follows:

' YIE 30 Y/E 30 September Y/E 30 September 2025 September ‘YIE 30 YIE 30 Y/E 30 YIE 30 2019 (pre (unaudited) 2024 (£000) September September September September Covid-19) (£000) (unaudited) 2023(£000) 2022 (£000) 2021 (£000) 2020 (£000) * (£000)

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06133821/filing-history/MzUyMDI3MTI3NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06133821

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.