The Lexington Award for

Business of the Year

Are you proud of what your company has achieved, the new business it has won and how it has weathered the turbulent landscape of recent years?

Are you proud of what your company has achieved, the new business it has won and how it has weathered the turbulent landscape of recent years? 

This award recognises an Isle of Man business that has maintained consistent growth and strong financial performance, understands its customers, has an engaged workforce with effective leadership, demonstrates effective use of technology to engage with its stakeholders (customers, employees, etc) and is continually innovating to support future growth.

This award will go to the company that best demonstrates the following;

  • An established market position 
  • Excellent growth, expansion or resilience 
  • Potential for sustained growth
  • Innovation in products, services or processes
  • Customer and staff engagement 
  • Effective leadership and management 
  • An ethical approach to business 
  • Strong business results 

This year's finalists

WINNER: PDMS

PDMS is a software engineering and digital transformation company; solving complex problems with great people and expertly engineered bespoke software. In 2020/2021 and 2021/2022 PDMS exceeded financial targets (turnover and profits) and had the most profitable trading years in the company’s history. PDMS were awarded several new million pound plus contracts from clients both new and old including a new contract with the Institute of Apprenticeships and Technical Education in the UK which was won against stiff competition from much larger competitors. The company’s Net Promoter Score is 52 (in the technology space a score of above 50 is normally considered excellent). PDMS markets itself internationally and over 60% of revenue is generated from off island countries including Bermuda, Canada and USA.

Duncox Business Group

Duncox Business Group is a multi-brand operation comprising; Island Travel, The Front Porch and Tacoma Bar and Kitchen. Each business was funded and created by founders and Directors, Rikki Dunnage and Edward Cox who both work hands-on across all operations. Though all businesses in the group operate sectors hardest by the pandemic they persevered, and now both Island Travel and The Front Porch enjoy healthy revenues and the recently opened Tacoma has had a successful launch. The organisation prides itself on putting staff first and going above and beyond for its customers.

Finest.im

Finest.im Ltd was launched in 2020 to celebrate and support local businesses on the Isle of Man while assisting in the recovery of the island’s economy following the first Covid19 lockdown. This was achieved through promoting and encouraging the Manx community to increase local spending through the use of the Finest.im loyalty card scheme creating something which didn’t already exist. Finest.im brings together the Island’s residents and visitors, with businesses, services, and venues in an informative and positive way. As experienced local business owners on the Isle of Man, they identified a need for a loyalty card scheme in early 2020. Finest.im is passionate about promoting recovery, and creating sustainability in the economy, whilst continuing to offer the finest customer experiences possible. The Finest.im mission is to ‘Celebrate and Support Local Business ‘.This has been achieved by establishing a community and business platform through our Finest.im loyalty card scheme and evidenced through fantastic testimonials from businesses.