Combined profits of £ 10.4 m ( $ 13.15 m ) on three of WeWork ’s biggest locations in London last year attracted zero tax due to profits in other parts of the UK being offset . Filings with the UK ’s ’s buildings as they mature, which is a key indicator of the viability of the overall business model. Companies House revealed that the firm 's buildings in Moorgate , Paddington and Farringdon generated revenues of £ 59.2 m in 2017 and both profits and revenues grew strongly YoY. The UK is WeWork ’s largest overseas market and generated revenues of $ 275.6 m in 2018 , according to the company ’s IPO filing . The three properties have a combined capacity of more than 200 desks .
Combined profits of £ 10.4 m ( $ 13.15 m ) on three of WeWork ’s biggest locations in London last year attracted zero tax due to profits in other parts of the UK being offset . Filings with the UK ’s Companies House revealed that the firm 's buildings in Moorgate , Paddington and Farringdon generated revenues of £ 59.2 m in 2017 and both profits and revenues grew strongly YoY. The UK is WeWork ’s largest overseas market and generated revenues of $ 275.6 m in 2018 , according to the company ’s IPO filing . The three properties have a combined capacity of more than 200 desks .