| HQ Joinery Services Ltd | Construction | 2021 |
| I Like Birds Ltd | Information & communication | 2017 |
| Indi Rose Ltd | Professional & scientific | 2026 |
| Ingram Builders Ltd. | Construction | 2004 |
| Integrity QA Ltd | Professional & scientific | 2024 |
| Invernews Ltd | Wholesale & retail | 2018 |
| J & K Rentals Ltd | Real estate | 2025 |
| J.Brodie Joinery Ltd | Construction | 2023 |
| Jacm Limited | Administrative & support | 2025 |
| Jaict Ltd | Administrative & support | 2019 |
| Jason Protheroe Ltd | Mining & quarrying | 2019 |
| Jenkins & Pole Ltd | Construction | 2024 |
| JFO Energy Services Ltd | Professional & scientific | 2018 |
| Jgbsparks Ltd | Construction | 2025 |
| John Stewart Quality Butcher Ltd | Wholesale & retail | 2021 |
| Jones Electrical & Renewables Ltd | Construction | 2023 |
| JW Film Facilities and Maintenance Ltd | Information & communication | 2026 |
| Kenz Blue Engineering Ltd. | Real estate | 2004 |
| Kinloss Chinese T/A Ltd | Hospitality | 2024 |
| Kinloss Garage Limited | Wholesale & retail | 2012 |
| Kinloss Storage Limited | Real estate | 2013 |
| Kintessack Residents Association | Other services | 2005 |
| KJB Transport Ltd | Extraterritorial | 2023 |
| K’S Coffee Shop Ltd | Hospitality | 2022 |
| Lamon Landscaping Limited | Administrative & support | 2025 |
| Laurence Hayward (Bordeaux) Limited | Administrative & support | 2001 |
| Leading Industry Training Limited | Education | 2021 |
| Leanchoil Trust | Construction | 2020 |
| Lethan Croft Ltd | Hospitality | 2025 |
| Lexedio Ltd | Education | 2018 |
| Life & Sole Holdings Ltd | Arts & recreation | 2015 |
| Life Builds Ltd | Professional & scientific | 2023 |
| Lifeforce LLP | | 2019 |
| Liftop Ltd | Professional & scientific | 2024 |
| Logie Timber Limited | Manufacturing | 2020 |
| Longley Farms | | 1981 |
| Love Mushrooms Ltd | Agriculture & fishing | 2020 |
| LR Spice Forres Ltd | Hospitality | 2024 |
| LSE Ltd | Real estate | 2017 |
| Luttig Ltd | Real estate | 2023 |
| M J Scott Forestry Contractor Ltd | Agriculture & fishing | 2017 |
| Macbeth's Hillock Ltd | Hospitality | 2018 |
| Macfarlane Arboriculture Limited | Other services | 2009 |
| Macgillivray Scaffold Consulting Limited | Construction | 2026 |
| Macis & Mcrae Services Ltd | Transport & logistics | 2022 |
| Mackenzie & Cruickshank Ltd. | Wholesale & retail | 2003 |
| Mackenzie of Forres Limited | Wholesale & retail | 2023 |
| Macleans Highland Bakery Ltd. | Manufacturing | 2004 |
| Macro Forest Limited | Agriculture & fishing | 2003 |
| Mahāna Saubhāgya Ltd | Hospitality | 2016 |
| Maid in Forres Ltd | Administrative & support | 2022 |
| Mains of Blervie Farm Partnership | | 1990 |
| Makar (Technologies) Holdings Limited | Manufacturing | 2018 |
| Mantilla Home Design Ltd | Construction | 2022 |
| Manx Technology Group International Limited | Information & communication | 2018 |
| Mara NA Mara Limited | Agriculture & fishing | 2013 |
| Marcassie Farm Trust | Education | 1996 |
| Mark W Electrical Ltd | Construction | 2021 |
| Mcgill Consultants Limited | Professional & scientific | 2014 |
| Mcgregor Memorials Ltd | Other services | 2020 |
| Mcleod Digital Services Limited | Information & communication | 2023 |
| Mcvg Trustees Limited | Administrative & support | 2024 |
| Michael Dunlop Transport Consultancy Ltd | Professional & scientific | 2009 |
| Miltonhill Woodlands Association | Administrative & support | 2019 |
| Mirelman Consultancy Ltd | Information & communication | 2022 |
| MJM (Farmers) Limited | Agriculture & fishing | 2005 |
| Modu Project Services Limited | Professional & scientific | 2017 |
| Momentum Transformation Ltd | Professional & scientific | 2025 |
| Monstore Ltd | Real estate | 2019 |
| Moravia Management Services Ltd | Households | 2023 |
| Moravian Properties Ltd | Real estate | 2012 |
| Moray Art Centre | Arts & recreation | 1998 |
| Moray Coast Planning Services Ltd | Professional & scientific | 2026 |
| Moray Coast Vets Limited | Professional & scientific | 2009 |
| Moray Community Care Ltd | Administrative & support | 2025 |
| Moray Firth Lettings Ltd | Real estate | 2026 |
| Moray Industrial Developments Limited | | 1977 |
| Moray Inshore Rescue Organisation | Other services | 2006 |
| Moray Kids Community Trust Limited | Education | 2026 |
| Moray Laundry Services Ltd | Administrative & support | 2020 |
| Moray Local CIC | Wholesale & retail | 2020 |
| Moray Security Logistics Ltd | Administrative & support | 2025 |
| Moray Self Storage Ltd | Real estate | 2022 |
| Moray Simulation Ltd | Arts & recreation | 2017 |
| Moray Waste Busters Ltd. | Water & waste | 2002 |
| Morocco Exchange Limited | Administrative & support | 2005 |
| Movement and Awareness at Findhorn Limited | Other services | 2022 |
| Moviola Productions Scotland Limited | Information & communication | 2022 |
| MSM Driving Academy Limited | Transport & logistics | 2014 |
| Murdoch Brothers Butchers Ltd. | Wholesale & retail | 2006 |
| Murdoch Food Group Limited | Wholesale & retail | 2025 |
| Murdoch Property Group Limited | Real estate | 2025 |
| Nada Nook Ltd | Construction | 2023 |
| Nairn Technical Services Ltd | Professional & scientific | 2021 |
| Natura Collective Limited | Professional & scientific | 2024 |
| New Findhorn Directions Limited | Energy | 1979 |
| Nisbet Engineering Ltd | Administrative & support | 2020 |
| Nonary Ltd | Households | 2026 |
| Nuno MSS Limited | Professional & scientific | 2025 |
| Nutac Ltd | Agriculture & fishing | 2014 |