| Mccall-Smith Properties Limited | Construction | 2022 |
| MCKINLAY2 Consulting Ltd | Professional & scientific | 2013 |
| Mcwilliam Commercials Ltd | Wholesale & retail | 2025 |
| MDF Services (Scotland) Limited | Agriculture & fishing | 2022 |
| Meadowstream Limited | Agriculture & fishing | 1997 |
| Metric Blue Limited | Information & communication | 2026 |
| Mike Scott Vehicle Services Limited | Wholesale & retail | 2019 |
| Milne Engineering Limited | Manufacturing | 2016 |
| Mining Technology LP | | 2011 |
| MIU Art & Wellbeing for Women Ltd | Wholesale & retail | 2025 |
| Montcieli Limited | Hospitality | 2025 |
| Montek Limited | Professional & scientific | 2015 |
| Moray Roofing and Building Services Limited | Construction | 2015 |
| Morison Farms Limited | Professional & scientific | 1988 |
| Morrison Investments Ltd | Real estate | 2016 |
| Moss-Side Aviation Ltd | Manufacturing | 2023 |
| MR Smith Financial Management Ltd | Professional & scientific | 2020 |
| MRM Electrical Ltd | Construction | 2023 |
| Muirfield Software Services Ltd | Information & communication | 2021 |
| Nama Support Services Ltd | Manufacturing | 2016 |
| Narvock Limited | Real estate | 1989 |
| Netherdale Events Ltd | Other services | 2025 |
| Networks of Wellbeing Ltd | Health & social care | 2001 |
| Newmill Farm Lumsden Ltd | Agriculture & fishing | 2025 |
| Nibeenabe Limited | Extraterritorial | 2023 |
| Nicky Polson Ltd | Administrative & support | 2022 |
| Nicol Property Group Ltd | Real estate | 2025 |
| Nicol Solutions Limited | Agriculture & fishing | 2023 |
| Norman Morrison Limited | Construction | 2014 |
| North East Equipment Trading Ltd | Professional & scientific | 2019 |
| Noth Productions Ltd | Professional & scientific | 2024 |
| Nwshire Well Engineering Ltd | Professional & scientific | 2019 |
| Nyumbani Kichaka Limited | Professional & scientific | 2013 |
| Oilserve Limited | Manufacturing | 2016 |
| Orb's Community Bookshop CIC | Wholesale & retail | 2023 |
| Orca NDT & Inspection Services Ltd | Professional & scientific | 2013 |
| Otterton Limited | Financial services | 2026 |
| P and D Dickson Ltd | Real estate | 2025 |
| PCC Properties Limited | Administrative & support | 2014 |
| Peterkin Homes Limited | Construction | 1997 |
| Phoenix RDS Ltd | Mining & quarrying | 2016 |
| Pirate Scarlett Records Limited | Information & communication | 2019 |
| Pitsligo Castle Trust | Construction | 1995 |
| Polish Your Corner Permaculture Limited | Education | 2025 |
| Poseidon Subsea Ltd | Professional & scientific | 2014 |
| Property by K & T Limited | Construction | 2025 |
| R & M Engineering (Huntly) Limited | Administrative & support | 2004 |
| R&L Engineers Ltd | Professional & scientific | 2019 |
| R. & H. Henderson (Farming) Limited Partnership | | 1999 |
| Razmor Properties Ltd | Real estate | 2021 |
| Rhynie Community Facilities Development Charitable Trust | Other services | 2006 |
| Right Back Archive Production Limited | Arts & recreation | 2024 |
| Rjrm Engineering Ltd | Wholesale & retail | 2025 |
| Rmeservicesuk Ltd | Wholesale & retail | 2025 |
| RS55 Properties Limited | Real estate | 2020 |
| Ruthven Engineering Services Ltd. | Professional & scientific | 2011 |
| RWS Property Group Limited | Real estate | 2023 |
| S M Pipeline Services Limited | Professional & scientific | 2004 |
| S&D Beeson Limited | Administrative & support | 2007 |
| Sandyhills Developments (Banff) Limited | Construction | 1994 |
| Sara Mann Ltd | Other services | 2023 |
| SB Huntly Ltd | Other services | 2025 |
| Scotplant Civils Limited | Construction | 2018 |
| Scotplant Contractors Ltd | Construction | 2013 |
| Scotplant Hire Limited | Administrative & support | 2023 |
| Scribe Wizard LP | | 2013 |
| SD Digger Hire Ltd | Agriculture & fishing | 2017 |
| Seidrkatts Ltd | Arts & recreation | 2025 |
| Seln Limited | Energy | 2011 |
| Sentinel Investigations Scotland Ltd | Administrative & support | 2025 |
| Shearer Boyd Properties Ltd | Real estate | 2023 |
| Shearer Boyd Property Group Ltd | Real estate | 2023 |
| Sheep Park Farms | | 1987 |
| Sheep Park Farms 2002 | | 2002 |
| Shift Agenda Ltd | Professional & scientific | 2003 |
| Simple Serviced Industrial Limited | Construction | 2017 |
| Sirona Aesthetics Ltd | Wholesale & retail | 2023 |
| Slarkin Design Limited | Professional & scientific | 2018 |
| SM Timber Harvesting Limited | Agriculture & fishing | 2003 |
| Smile ARC Ltd | Health & social care | 2024 |
| Southills Joinery Services Ltd | Construction | 2020 |
| Sparkle Retreat Limited | Administrative & support | 2025 |
| Spike Property Ltd | Real estate | 2022 |
| Springburn Contracts Limited | Construction | 2025 |
| Stainger, Sole & Partners | | 1993 |
| Stewart Wilson Joinery Ltd | Construction | 2009 |
| Strathbogie Farms Ltd | Agriculture & fishing | 2015 |
| Strathbogie Flooring Ltd. | Wholesale & retail | 2006 |
| Strathbogie Veterinary Centre Ltd | Professional & scientific | 2013 |
| Strathdeveron 2 Ltd | Real estate | 2021 |
| Sunny BOY Developments Limited | Real estate | 2026 |
| SWC Food Ltd | Hospitality | 2023 |
| Taf's Garage Ltd | Professional & scientific | 2026 |
| Tanyeli Estates Limited | Real estate | 2017 |
| Terman LP | | 2012 |
| THE Cabrach Trust | Other services | 2011 |
| THE Deveron, Bogie and Isla Rivers Charitable Trust | Professional & scientific | 2001 |
| THE Flowerette Limited | Manufacturing | 2025 |
| THE Fresh Lounge Ltd | Administrative & support | 2026 |
| THE IT Refuge Limited | Information & communication | 2011 |