WeWork
Do not extend unsecured credit to this company.
This verdict rests on 5 of the 12 signals this angle weighs (5 were present in the research).
Which Company This Is
The entity this report is about, and how we know it is that one and not another of the same name.
WeWork — wework.com
This report is about that entity and no other. Where a name is shared, the
domain above is what settles it; a report on the wrong company is the one
failure a cited report cannot survive, so the reader confirmed this before
anything ran.
Registered as WEWORK COMMUNITY WORKSPACE UK LIMITED, company number 11387248, united kingdom, incorporated 2018-05-29.
Legal Entity Identifier: 969500TO0SDXOE3FIM77 (WEWORK).
Corporate Standing
Whether the company legally exists, is in good standing, and is filing what it must.
Register status: active.
Type: Private Limited Company.
No record set was searched for this section, so nothing here is a finding either way.
Do They File On Time
Punctuality of statutory filings — the cheapest available proxy for whether this company is run tidily.
Searched, and nothing was returned: Companies House (UK register) (current register — UK-registered entities only). That is an absence in those records over those periods — it is not a finding that there is nothing to find.
Can They Fund The Term
Funding, financial standing, and how long the money in public view lasts.
NOT searched: Company enrichment index — paid enrichment was not purchased for this pass. Anything held only there is unchecked, and this report does not speak for it.
What They Already Owe
Charges, debentures, leases and facilities already registered against this company.
A registered charge is public; a covenant is not. If you are lending behind an existing lender, the intercreditor position is the thing to ask for.
Do They Pay, And How Slowly
Public evidence of how this company treats the people it owes money to.
Searched, and nothing was returned: Companies House (UK register) (current register — UK-registered entities only), Our own company profile store (whatever we have previously gathered for this company). That is an absence in those records over those periods — it is not a finding that there is nothing to find.
What They Do When Money Is Tight
How this company has behaved in past squeezes — who got paid, who did not, and in what order.
- WeWork Announces Global Layoffs, Cutting 300 Jobs
- WeWork-owned Meetup confirms restructuring, layoffs
A company under pressure reveals its priorities. If nothing above is public, that is common — the last squeeze is a question for their existing lenders and landlords.
Who Controls It
Registered owners and persons with significant control.
Persons with significant control, as filed:
- Wework International Limited — corporate-entity-person-with-significant-control · ownership-of-shares-75-to-100-percent, voting-rights-75-to-100-percent, right-to-appoint-and-remove-directors
Litigation and Regulatory Record
Court and regulator activity on the public record — and, explicitly, which of those records we searched.
- SoftBank settles WeWork lawsuit, leaving co-founder with ...
- WeWork reaches settlement with creditors, rebuffs ...
- Kasowitz Files $100-Million Lawsuit against WeWork for ...
- WeWork's Adam Neumann sued over $1.7bn exit package
- Settlement Agreement with Adam Neumann and WeWork ...
Searched, and nothing was returned: Our own company profile store (whatever we have previously gathered for this company). That is an absence in those records over those periods — it is not a finding that there is nothing to find.
What This Report Does Not Cover
The record sets that were not searched, named, so no absence here reads as a clearance.
Every finding above is bounded by what was actually searched. This is that list.
Searched: Web index (whatever the index currently holds — no fixed period), Web search restricted to filing registries (current registry pages reachable by search), Web search restricted to layoff and workforce trackers (tracker coverage, typically 2020 onward), Web search for leadership changes (whatever the index currently holds), Web search for funding, runway and insolvency events (whatever the index currently holds), Web search restricted to court and legal indexes (whatever those indexes currently expose to search — not a docket search), Web search restricted to review and complaint sites (current review-site content — self-selected by the people who wrote it), Web search restricted to regulator and enforcement pages (current regulator publications reachable by search), Web search restricted to status pages and breach coverage (current status-page history and press coverage), GLEIF LEI index (point-in-time register, current filings only), Companies House (UK register) (current register — UK-registered entities only), Our own company profile store (whatever we have previously gathered for this company), Your own contacts (your account).
Not searched: Company enrichment index — paid enrichment was not purchased for this pass. Anything held only in those records is unchecked. This report does not say it is absent; it says we did not look.
References & Source Citations
Every page behind every claim above.
- https://www.wework.com/about-us
- https://en.wikipedia.org/wiki/WeWork
- https://www.coworkingresources.org/blog/the-wework-business-model
- https://www.linkedin.com/company/wework
- https://www.wework.com/
- https://pitchbook.com/profiles/company/62181-28
- https://www.britannica.com/money/WeWork
- https://www.globaldata.com/company-profile/wework-inc/
- https://www.bloomberg.com/profile/company/WE:US
- https://www.instagram.com/wework/?hl
- https://www.wework.com/newsroom/wework-reports-second-quarter-2023-results
- https://www.sec.gov/Archives/edgar/data/1813756/000181375623000012/wework2022q4pressrelease.htm
- https://find-and-update.company-information.service.gov.uk/company/09280068/filing-history
- https://fintel.io/doc/sec-wework-inc-1813756-10ka-2021-december-17-18978-8530
- https://www.wework.com/newsroom/wework-reports-first-quarter-2023-results
- https://content.edgar-online.com/ExternalLink/EDGAR/0001193125-21-308162.html?hash
- https://www.sec.gov/Archives/edgar/data/1813756/000181375623000059/we-20230630.htm
- https://www.cliffsnotes.com/study-notes/28552472
- https://www.otcmarkets.com/filing/html?id
- https://www.sec.gov/Archives/edgar/data/1533523/000119312519220499/d781982ds1.htm
- https://www.sec.gov/Archives/edgar/data/1579428/000155837020010231/axsm-20200630xex10d1.htm
- https://www.sec.gov/Archives/edgar/data/1813756/000181375624000009/realestateprogressnewsroom.htm
- https://www.linkedin.com/company/weworkspaceservices
- https://www.linkedin.com/jobs/wework-jobs