| OAE Limited | Professional & scientific | 2023 |
| Oggv Ltd | Professional & scientific | 2026 |
| Olsen Homes Ltd | Construction | 2019 |
| OM Hotel Ltd | Hospitality | 2026 |
| Only Child Ltd | Information & communication | 2024 |
| Only Child Two Ltd | Information & communication | 2025 |
| Open Circle Consulting Ltd | Other services | 2012 |
| Orchard Road Dental Practice Ltd | Health & social care | 2023 |
| Otherrealms CIC | Other services | 2025 |
| P&L Properties Moray Limited | Construction | 2024 |
| P.S. Nicholson (Forres) Limited | Wholesale & retail | 1953 |
| P.S. Nicholson (Holdings) Limited | Professional & scientific | 1970 |
| Parallel Training Ltd | Education | 2018 |
| Park Ecovillage Trust | Other services | 2009 |
| Park Pottery Findhorn Ltd | Manufacturing | 2022 |
| Parnham Book Keeping Services Ltd. | Professional & scientific | 2006 |
| Pasha Restaurant (Pitlochry) Ltd | Hospitality | 2017 |
| Perfecto IT Ltd | Information & communication | 2013 |
| Perth Tayside Ltd | Wholesale & retail | 2022 |
| Ph.Ab Consultancy Limited | Professional & scientific | 2025 |
| Phoenix Findhorn C.I.C. | Wholesale & retail | 1995 |
| Pilgrim Caravans Outdoors Limited | Wholesale & retail | 2022 |
| Plant-Euk Ltd | Professional & scientific | 2025 |
| Plyone Ltd | Professional & scientific | 2025 |
| PMI (Eastern Europe) Ltd. | Professional & scientific | 1993 |
| Polar Guides Ltd | Administrative & support | 2024 |
| Polaris Design Ltd | Information & communication | 2012 |
| Poppy Design & Graphics Ltd | Professional & scientific | 2006 |
| Primary Solution Limited | Information & communication | 2005 |
| Pro Elec Scotland Ltd | Construction | 2020 |
| Quantum-Computers Scotland Ltd. | Professional & scientific | 2015 |
| R MAC Plant Ltd | Administrative & support | 2022 |
| R Mackintosh Masonry Ltd. | Manufacturing | 2018 |
| Rafford Consulting Limited | Professional & scientific | 2011 |
| Raggnar Turbines Limited | Professional & scientific | 2014 |
| Rainbow Childcare and Education Limited | Education | 2004 |
| Rborganic Ltd | Agriculture & fishing | 2005 |
| Reboot (Moray Computer Recycling) | Information & communication | 2004 |
| Reboot Trading (Moray) Ltd. | Other services | 2008 |
| Red Chilli (Grantown) Ltd | Hospitality | 2020 |
| Redstone Press Ltd | Information & communication | 2021 |
| Retreat for Change Ltd | Hospitality | 2026 |
| Rewilding Affric Highlands | Other services | 2024 |
| Rgntec Ltd | Professional & scientific | 2024 |
| Riff Raff Producing CIC | Arts & recreation | 2023 |
| Right Lines Productions | Arts & recreation | 2003 |
| Riverview Country Park Residents Community Ltd | Hospitality | 2025 |
| RJ Younie and Grampian Regional Council | | 1990 |
| RJM Aviation Services Limited | Administrative & support | 2026 |
| RL Plummer Ltd | Construction | 2023 |
| Rlservicesgroup Ltd | Construction | 2025 |
| Rochford (Scotland) Limited | Professional & scientific | 2014 |
| Rocket Draws Ltd | Arts & recreation | 2026 |
| Romead Limited | Administrative & support | 2004 |
| Ropeomatic Ltd | Professional & scientific | 2022 |
| Roseberry Studios Ltd | Other services | 2025 |
| Ross Renewables Limited | Energy | 2010 |
| ROY D Fraser & Partners | | 2001 |
| RU Wired Ltd | Construction | 2024 |
| Rueben Holdings Limited | Transport & logistics | 2017 |
| Rural Communications Ltd | Information & communication | 2020 |
| Safex Consultants Ltd. | Professional & scientific | 2018 |
| Salted Lemons Ltd | Arts & recreation | 2024 |
| Sanquhar Projects Limited | Professional & scientific | 2021 |
| Scot Electronics International Ltd. | Professional & scientific | 2012 |
| Scot-Petshop Ltd | Wholesale & retail | 2010 |
| Scotia Window Cleaning Ltd | Administrative & support | 2024 |
| Scotstone Limited | Wholesale & retail | 2023 |
| Scottca Ltd. | Professional & scientific | 2011 |
| Scrubvac Cleaning Equipment Ltd. | Wholesale & retail | 2002 |
| Self Factor Coaching Ltd | Professional & scientific | 2026 |
| Selkcomp Ltd | Manufacturing | 2023 |
| Sfly Limited | Real estate | 2026 |
| SG Chalmers Ltd | Financial services | 2014 |
| Shahed Trading (Pitlochry) Ltd | Hospitality | 2020 |
| Sheardun Ltd | Households | 2025 |
| Shougle Offshore Ltd | Other services | 2021 |
| Shrimor Ltd | Hospitality | 2025 |
| Silent Wolf Limited | Construction | 2026 |
| Silvaness Limited | Agriculture & fishing | 2021 |
| SJ Highland Construction Ltd | Construction | 2019 |
| SJR Studios Ltd | Arts & recreation | 2025 |
| SJS Cleaning Services (Scotland) Ltd | Administrative & support | 2025 |
| Skyward Helicopter Services Ltd | Manufacturing | 2025 |
| Smith Access Ltd | Professional & scientific | 2023 |
| Smith Jewellers Limited | Wholesale & retail | 2007 |
| Social Web Enterprise Ltd | Information & communication | 2011 |
| Soillse Ecovillage Project LLP | | 2010 |
| Solarscotia Limited | Professional & scientific | 2012 |
| Solo Hair Design Forres Limited | Other services | 2025 |
| Spey Media Limited | Professional & scientific | 2016 |
| Speyside Stoves Limited | Construction | 2018 |
| Spreng Services Ltd | Professional & scientific | 2022 |
| SR Forres Ltd | Hospitality | 2026 |
| ST Building Services (Forres) Limited | Construction | 2009 |
| Star Thistle Services Ltd | Professional & scientific | 2023 |
| State Theta Ltd | Arts & recreation | 2012 |
| Stejem Ltd | Construction | 2015 |
| Sticks N Stoves Limited | Administrative & support | 2017 |
| Stornvagen Ltd | Professional & scientific | 2023 |