| Portgordon Harbour Storage Ltd | Real estate | 2024 |
| Portknockie Fishing Limited | Agriculture & fishing | 2005 |
| Poseidon Navigation Services Limited | Manufacturing | 2014 |
| Poseidon Navigation Technologies Ltd | Information & communication | 2021 |
| Pozzi Limited | Wholesale & retail | 2004 |
| Precious Gifts Ltd. | Wholesale & retail | 2005 |
| Precusus Ltd | Other services | 2025 |
| Prolific Environmental Management Ltd | Administrative & support | 2019 |
| Prosper Developments Ltd | Real estate | 2015 |
| PSG Offshore Limited | Mining & quarrying | 2021 |
| PTK Shellfish Limited | Agriculture & fishing | 2013 |
| Purple Nightclub Ltd | Hospitality | 2021 |
| Quantock Ales Limited | Manufacturing | 2022 |
| R G Electrical Services (Moray) Ltd. | Construction | 2017 |
| R G Resources Ltd | Professional & scientific | 2022 |
| R.R. Spink and Sons Limited | Manufacturing | 2022 |
| Raptors Logistics Ltd | Agriculture & fishing | 2021 |
| Ritchie's Lifting Services Ltd | Other services | 2025 |
| River Isla Catchment Ltd | Agriculture & fishing | 2013 |
| Rjrp Training Services Limited | Administrative & support | 2011 |
| RL Electrical Energy Services Ltd | Construction | 2025 |
| RM Psychology Limited | Education | 2024 |
| ROB Sutherland Ltd. | Construction | 2018 |
| Roehill Springs Distillery Ltd | Manufacturing | 2020 |
| Ross Construction & Offshore Services Ltd | Construction | 2023 |
| Ross Cowie Architect Limited | Professional & scientific | 2011 |
| Ross SMF Ltd | Agriculture & fishing | 2019 |
| Rpdw Electrical Ltd | Construction | 2026 |
| RRM Seafoods Limited | Wholesale & retail | 2018 |
| RS Lets Ltd | Real estate | 2021 |
| S & D Moray Ltd. | Construction | 2005 |
| S & L Hendry Limited | Construction | 2018 |
| S J Duguid Agri Services Ltd | Agriculture & fishing | 2025 |
| S Milton Services Ltd | Construction | 2026 |
| S. Lyon & SON (Plumbing & Heating) Ltd. | Construction | 2018 |
| S.Phimister Access Solutions Ltd | Construction | 2024 |
| Sagittarius Fishing Company Limited | Agriculture & fishing | 2016 |
| Saltire Energy Services Ltd | Professional & scientific | 2026 |
| Sandisons (Buckie) Limited | Hospitality | 2015 |
| Sandys Carpets Ltd | Wholesale & retail | 2014 |
| SAS Offshore Electrical Services Ltd | Mining & quarrying | 2018 |
| Saughs and Burnlevenit Farms | | 2000 |
| Saultire Fishing Limited | Agriculture & fishing | 2004 |
| Sceilig Consultancy Limited | Administrative & support | 2022 |
| Scorgie Storage Ltd | Administrative & support | 2022 |
| Scots Independent (Newspapers) Limited | Information & communication | 1957 |
| Scots Links Golf Tours Ltd | Administrative & support | 2020 |
| Scott Pirie Consulting Ltd | Administrative & support | 2025 |
| Scott Shepherd Limited | Agriculture & fishing | 2006 |
| Seafield Arms Hotel (Cullen) Limited | Hospitality | 2019 |
| Seafield Hall Cullen Limited | Administrative & support | 2018 |
| Seafield Health Solutions Limited | Health & social care | 2002 |
| Seaview Properties (Scotland) Ltd | Hospitality | 2025 |
| Seaway Solutions Ltd. | Professional & scientific | 2008 |
| SGR Energy Services Limited | Mining & quarrying | 2023 |
| Shahbaz Tandoori Ltd | Hospitality | 2026 |
| Shaun Ecomm Ltd | Wholesale & retail | 2025 |
| Shaun.C.Petrie Ltd | Mining & quarrying | 2022 |
| Sheridan's Leisure Homes Ltd | Manufacturing | 2026 |
| Shielburn School Limited | Education | 2019 |
| SI Mechanical Services Ltd | Manufacturing | 2020 |
| Sinniah Retail Ltd | Wholesale & retail | 2024 |
| SIP N Sea Limited | Manufacturing | 2025 |
| SJF Drilling Consultants Ltd | Mining & quarrying | 2022 |
| Skarv Line Charters Limited | Administrative & support | 2023 |
| SKG Foods Ltd | Hospitality | 2025 |
| Slochie Ltd | Real estate | 2023 |
| Smccservices Ltd | Construction | 2025 |
| Soyburn Limited | Agriculture & fishing | 2005 |
| Specialised Bird Control Ltd | Administrative & support | 2022 |
| Specialist Vermin Control Limited | Administrative & support | 2014 |
| Spence Fishing Ltd. | Agriculture & fishing | 2017 |
| Speyside Brewery Limited | Manufacturing | 2022 |
| Speyside Brewing Co Ltd | Manufacturing | 2022 |
| Speyside Coffee Roasting Co. Ltd | Hospitality | 2020 |
| Square Roots Kitchen Ltd | Hospitality | 2016 |
| Stadd Limited | Construction | 2006 |
| Star City Elgin Ltd | Hospitality | 2025 |
| Starrs Contracting Ltd | Administrative & support | 2015 |
| Stay Warm Boiler and Heating Services Ltd | Construction | 2023 |
| Still Game Fishing Ltd | Administrative & support | 2023 |
| Strathdell Ltd | Administrative & support | 2016 |
| Stuart Mccullough Limited | Administrative & support | 2012 |
| Stumccservices Ltd | Construction | 2026 |
| Summerton Fishing Ltd. | Agriculture & fishing | 2017 |
| Sunnyside UP Sandcastles Ltd | Hospitality | 2020 |
| Supersnacktastic Ltd | Hospitality | 2026 |
| Swackie Autos Ltd | Wholesale & retail | 2025 |
| T & D Teunion Limited | Construction | 2011 |
| T. J. Mcwilliam Ltd | Other services | 2020 |
| Tannachy Farm Partnership | | 2001 |
| Taylor Moray Ltd | Information & communication | 2024 |
| Taylorz (2023) Ltd | Wholesale & retail | 2023 |
| THE Banffshire Partnership Ltd. | Other services | 1999 |
| THE Batchen Street Butcher Ltd | Wholesale & retail | 2026 |
| THE Boutique (Buckie) Ltd | Wholesale & retail | 2025 |
| THE Buckie Gasman Ltd | Manufacturing | 2013 |
| THE Heilan COO Ltd | Hospitality | 2020 |
| THE Mill House Hotel & Restaurant Ltd | Hospitality | 2019 |
| THE Nine KOI Limited | Administrative & support | 2006 |