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Cash

£54m

+95% highest in 3 filed years

Net assets

-£1.1bn

+6.6% highest in 3 filed years

Employees

378

-11.7% lowest in 3 filed years

Profit before tax

£87m

+1,601.4% highest in 3 filed years

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £462,180,000£360,044,000£311,760,000 -13.4%
Operating profit £135,516,000£155,447,000£231,389,000 +48.9%
Profit before tax -£44,256,000-£5,790,000£86,929,000 +1,601.4%
Net profit -£48,259,000-£10,012,000£78,328,000 +882.3%
Cash £5,057,000£27,859,000£54,322,000 +95%
Total assets less current liabilities £751,882,000£385,238,000£306,672,000 -20.4%
Net assets -£1,179,219,000-£1,186,875,000-£1,108,547,000 +6.6%
Equity -£1,179,219,000—— —
Average employees 511428378 -11.7%
Wages £44,209,000£36,779,000£27,529,000 -25.2%
Directors' remuneration ——— —

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Operating margin 29.3%43.2%74.2%
Net margin -10.4%-2.8%25.1%
Return on capital employed 18.0%40.4%75.5%
Gearing (liabilities / total assets) 191.0%226.8%223.2%
Current ratio 0.29x0.29x0.35x
Interest cover 0.75x0.96x1.59x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 1 time since incorporation

  1. WEWORK INTERNATIONAL LIMITED 2018-06-15 → present
  2. WEWORK UK LIMITED 2014-10-24 → 2018-06-15

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Consolidated group
Auditor
RSM UK Audit LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Group and Company financial statements have been prepared on a going concern basis The Directors have prepared projections for at least twelve months from the date of approval of these financial statements”

Group structure

  1. WEWORK INTERNATIONAL LIMITED · parent
    1. 1 Mark Square Tenant Limited 100% · United Kingdom · Office space
    2. 1 St Katharine's Way Tenant Limited 100% · United Kingdom · Office space
    3. 1 St Peter's Square Tenant Limited 100% · United Kingdom · Office space
    4. 2 Southbank Tenant Limited 100% · United Kingdom · Office space
    5. 5 Merchant Square Tenant Limited 100% · United Kingdom · Office space
    6. 14-16 Great Chapel Tenant Limited 100% · United Kingdom · Office space
    7. 33 Q Street Tenant Limited 100% · United Kingdom · Office space
    8. 51 Eastcheap Tenant Limited 100% · United Kingdom · Office space
    9. 71-91 Aldwych House Tenant Limited 100% · United Kingdom · Office space
    10. 90 York Way Tenant Limited 100% · United Kingdom · Office space
    11. 119 Marylebone Road Tenant Limited 100% · United Kingdom · Office space
    12. 120 Moorgate Tenant Limited 100% · United Kingdom · Office space
    13. 125 Kingsway Tenant Limited 100% · United Kingdom · Office space
    14. Provost and East Tenant Limited 100% · United Kingdom · Office space
    15. WW Devonshire Limited 100% · United Kingdom · Office space
    16. WW Medius Limited 100% · United Kingdom · Office space
    17. WW Moor Place Limited 100% · United Kingdom · Office space
    18. 10 Fenchurch Avenue Tenant Limited 100% · United Kingdom · Office space
    19. 26 Hatton Garden Tenant Limited 100% · United Kingdom · Office space
    20. 50-60 Station Road Tenant Limited 100% · United Kingdom · Office space
    21. 77 Leadenhall Street Tenant Limited 100% · United Kingdom · Office space
    22. 123 Buckingham Palace Road Tenant Limited 100% · United Kingdom · Office space
    23. Dalton Place Tenant Limited 100% · United Kingdom · Office space
    24. 80 George Street Tenant Limited 100% · United Kingdom · Office space
    25. 184 Shepherds Bush Road Tenant Limited 100% · United Kingdom · Office space
    26. WeWork Community Workspace UK Limited 100% · United Kingdom · Holding company
    27. WW Hanover House Operations Limited 100% · United Kingdom · Office space
    28. 17 St Helen's Place Tenant Limited 100% · United Kingdom · Office space
    29. 1 Ariel Way Tenant Limited 100% · United Kingdom · Office space
    30. 12 Moorgate Tenant Limited 100% · United Kingdom · Office space
    31. LT Build Limited 100% · United Kingdom · Office space
    32. 130 Wood Street Tenant Limited 100% · United Kingdom · Office space
    33. 91 Baker Street Tenant Limited 100% · United Kingdom · Office space
    34. 52 Bedford Row Tenant Limited 100% · United Kingdom · Office space
    35. WW Sea Containers Limited 100% · United Kingdom · Office space
    36. 21 Soho Square Tenant Limited 100% · United Kingdom · Office space
    37. No 1 Spinningfields Tenant Limited 100% · United Kingdom · Office space
    38. 2 Minster Court Tenant Limited 100% · United Kingdom · Office space
    39. 1 Waterhouse Square Tenant Limited 100% · United Kingdom · Office space
    40. 1 Poultry Tenant Limited 100% · United Kingdom · Office space
    41. 2 Eastbourne Tenant Limited 100% · United Kingdom · Office space
    42. 3 Waterhouse Square Tenant Limited 100% · United Kingdom · Office space
    43. 30 Churchill Place Tenant Limited 100% · United Kingdom · Office space
    44. WeWork Finance Limited 100% · United Kingdom · Office space

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

2 active · 11 resigned

Name Role Appointed Born Nationality
BREMNER, Robyn Sarah Director 2023-11-29 Nov 1982 British
HIDALGO SÁEZ, Claudio Andrés Director 2023-11-29 Sep 1970 Chilean
Show 11 resigned officers
Name Role Appointed Resigned
BARNETT, Darren Anthony Thomas Secretary 2023-04-25 2023-11-10
DYE & DURHAM SECRETARIAL LIMITED Corporate Secretary 2015-08-18 2023-04-25
BERRENT, Jennifer Director 2014-10-24 2015-10-26
DEPINHO, Michael Director 2023-02-17 2023-11-29
GROSS, Michael Director 2014-10-24 2015-07-31
JONES, Justin Bradley Director 2021-04-05 2023-02-17
LEE, Christian Matthew Director 2015-07-31 2015-10-26
NOLAN JR., Michael Director 2015-10-26 2017-10-19
PROUST, Mathieu Julien Nicolas Director 2021-02-28 2023-11-29
SAFDIE, Abraham Joseph Director 2015-10-26 2021-04-05
YAZBECK, Anthony Director 2017-10-19 2021-02-28

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Anant Madhukar Yardi Individual Shares 75–100%, Voting 75–100%, Appoints directors 2025-04-30 Active
Wework Inc. Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2021-10-20 Ceased 2024-06-11
Sandeep Lakhmi Mathrani Individual Significant influence 2020-02-18 Ceased 2021-10-20
Mr Adam Neumann Individual Significant influence 2018-04-23 Ceased 2020-02-18

Filing timeline

Last 20 of 88 total filings

Date Type Category Description
2026-10-16 AA accounts Accounts with accounts type group
2026-07-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-11-26 AA accounts Accounts with accounts type group
2025-11-17 CH01 officers Change person director company with change date PDF
2025-09-23 RP04PSC01 persons-with-significant-control Second filing notification of a person with significant control
2025-07-11 CS01 confirmation-statement Confirmation statement with updates PDF
2025-05-14 PSC04 persons-with-significant-control Change to a person with significant control PDF
2024-11-26 AA accounts Accounts with accounts type full
2024-07-19 SH01 capital Capital allotment shares PDF
2024-07-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-09 PSC01 persons-with-significant-control Notification of a person with significant control
2024-07-09 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2023-12-30 AA accounts Accounts with accounts type full
2023-11-30 AP01 officers Appoint person director company with name date PDF
2023-11-30 TM01 officers Termination director company with name termination date PDF
2023-11-30 AP01 officers Appoint person director company with name date PDF
2023-11-30 TM01 officers Termination director company with name termination date PDF
2023-11-10 TM02 officers Termination secretary company with name termination date PDF
2023-07-17 PSC05 persons-with-significant-control Change to a person with significant control PDF
2023-07-11 RP04CS01 confirmation-statement Second filing of confirmation statement with made up date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page