Numis, the small and mid-cap UK stockbroker, has unveiled a 54% surge in annual pre-tax profits, after it more than doubled its client list and beefed up its research department.

Numis, which operates a small corporate advisory business, also revealed that its 80-strong staff will share "incentive payments" of £4.335m (€ 6.19m) for the year - an average of nearly £54,200 each.