How much does Hermes Gpe Pec IV GP LLP make?

Hermes Gpe Pec IV GP LLP reported revenue of £205m and a loss of £15.9m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Hermes Gpe Pec IV GP LLP have?

Hermes Gpe Pec IV GP LLP reported an average of 605 employees in the year to 31 Dec 2025.

Is Hermes Gpe Pec IV GP LLP profitable?

No — Hermes Gpe Pec IV GP LLP reported a loss of £15.9m in the year to 31 Dec 2025.

Company No. OC422409 · Incorporated 11 May 2018

Hermes Gpe Pec IV GP LLP

Registered name: HERMES GPE PEC IV GP LLP

Part of Federated Hermes, Inc. group

Hermes Gpe Pec IV GP LLP made £205m revenue and a £15.9m loss in the year to 31 Dec 2025.

Hermes Gpe Pec IV GP LLP’s revenue grew 2% to £205m in the year to 31 Dec 2025, with a loss of £15.9m and 605 employees. The company is based in London; we hold 2 years of its filed accounts.

Full P&L filed

Status: Active
Location: London, London
Age: 8 yrs · since 2018
Type: Limited Liability Partnership

Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. It is excluded from our opportunity lists.

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

£205m

Growth ▲1.9%

Profit

−£15.9m

Growth —

Profit margin

−7.8%

Gross 89.7%

Employees

605

Change ▲0.8%

Profit / employee

−£26.3k

Revenue/employee £339k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£201m	£205m
Cost of sales	−£20.5m	−£21.1m
Gross profit	£180m	£184m
Operating profit	−£47.9m	−£22m
Profit before tax	−£38.6m	−£15.6m
Profit after tax	−£38.9m	−£15.9m
Profit (best available)	−£38.9m	−£15.9m
Employees (average)	600	605
Ratios
Profit margin	−19.4%	−7.8%
Gross margin	89.8%	89.7%
Revenue per employee	£335k	£339k
Profit per employee	−£64.8k	−£26.3k
Growth (year on year)
Revenue growth	—	▲1.9%
Headcount growth	—	▲0.8%
Balance sheet — indirect signals, not revenue
Net assets	—	—
Source	Accounts · bulk data Aug 2026	Accounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: −7.8%; Profit ÷ revenue.
Gross margin: 89.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £339k; Revenue ÷ average employees.
Profit per employee: −£26.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now —
Cash at bank: —; Now —
Headcount: ▲1%; Now 605
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Federated Hermes, Inc. (registered outside the UK register)ultimate parent75–100%
Federated Holdings (UK) II Limited75–100%
Federated Hermes Limited75–100%
Hermes Gpe LLP75–100%
Hermes Gpe Founder Partner Ltd50–75%
Hermes Gpe Pec IV GP LLPthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (13)

Federated Hermes Global Secondaries Co-Investment II GP LLPFigures not disclosed
Federated Hermes Gpe Horizon III Parallel GP LLPFigures not disclosed
Federated Hermes Pec VI Holdings GP LLPFigures not disclosed
Federated Hermes Private Equity Innovation II GP LLPFigures not disclosed
General Partner NO.1-6 GP LLPFigures not disclosed
Hermes Gpe Horizon Feeder GP LLPFigures not disclosed
Hermes Gpe Horizon II GP LLPFigures not disclosed
Hermes Gpe Horizon III GP LLPFigures not disclosed
Hermes Gpe Innovation Fund GP LLPFigures not disclosed
Hermes Gpe Ohio Sidecar GP LLPFigures not disclosed
Hermes Gpe Ohio Sidecar II GP LLPFigures not disclosed
Hermes Gpe Pec I GP LLPFigures not disclosed
Hermes Gpe Pec III GP LLPFigures not disclosed

Minority corporate shareholders

Hermes Gpe Founder Partner 2 Limited

From the Persons with Significant Control register (corporate controllers only).

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2025 (profit −£15.9m), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.

Updated from Companies House on 12 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.