Lovehoney has been shortlisted for the The Customer Focus Award in the 2015 Lloyds Bank National Business Awards.
Lovehoney will compete with nine other finalists for the prestigious award, the winner being revealed at the Lloyds Bank National Business Awards gala dinner held on 10 November at Park Lane's Grosvenor House Hotel in London.
Lovehoney Co-owner Richard Longhurst said: "Making customers happy has always been our fundamental goal so we're absolutely delighted to have been shortlisted for this award.
"No other company in our industry offers the same level of commitment to customer satisfaction and we couldn't be more proud of all of our staff."
An all encompassing range of industries are represented in the shortlists for this year's awards, with companies from recruitment and children's clothing, to pet food and online marketing being selected for the chance to win a coveted Lloyds Bank National Business Award.
Leading online sex toy retailer Lovehoney has been ranked at number nine in the sixth annual Sunday Times HSBC International Track 200.
The Sunday Times HSBC International Track 200 ranks Britain's mid-market private companies with the fastest-growing international sales, measured over the last two years of available accounts.
Lovehoney is ranked at number nine nationally and number one for the South West region after overseas sales grew 146% pa to £5.1m in 2014.
The Bath-based business has launched US, Australian, French, German and EU websites over the last two years and has benefited from the popularity of Fifty Shades of Grey, of which it holds the worldwide license for pleasure products.
Lovehoney co-founder Neal Slateford said: "This announcement is very exciting for us and we're thrilled to have ranked so highly.
"Seeing Lovehoney grow so quickly overseas has been incredible and a very exciting journey for everyone involved.
"The last couple of years have been fundamental in solidifying Lovehoney as a household name both in the adult industry and the mainstream."
Companies featured in last year's league table include Cath Kidston, Hunter, Specsavers and LUSH.
Lovehoney has won a top licensing award at the 2015 LIMA Awards in Las Vegas for its Fifty Shades of Grey Official Pleasure Collection.
The online retailer’s Fifty Shades of Grey pleasure product range beat off stiff competition in the category ‘Best Film, Television, or Entertainment Live Action Licensee for Hard Goods’.
LIMA, short for The International Licensing Industry Merchandisers’ Association, is the leading trade organisation for the global licensing industry.
Lovehoney Co-owner Neal Slateford was in Las Vegas to pick up the award and said: “These awards are genuinely the 'Oscars' of licensing and we’re immensely proud to have received this award.
"It just goes to show that all of the hard work that went into this exciting collection has paid off.”
Lovehoney is opening its doors to budding designers once again with its hugely successful Design a Sex Toy competition.
The competition encourages people to send in their ideas for sex toys ranging from weird and whacky takes on classic sex toys to the most revolutionary of designs.
Lovehoney's Co-owner Richard Longhurst said: "This competition is great fun. We get to look at some fantastic designs from some very talented people that would otherwise never get seen.
"You don't have to have any experience in design to enter. We're just looking for fresh ideas that stand out from the crowd."
Lovehoney has assembled a panel of expert judges, including the 'Philippe Starck of sex toys' - Lelo and Tickler Founder Eric Kalén, Lovehoney Operations Manager Paul Jaques, Lovehoney Product Director Bonny Hall and Lovehoney Online Trading Manager Alice Little.