| Julia Williams Financial Planning Ltd | Financial services | 2022 |
| K & M Services Ltd | Manufacturing | 2024 |
| KAG5 Limited | Hospitality | 2025 |
| KAM Best Kebab Ltd | Hospitality | 2026 |
| KAM Second Hand Ltd | Wholesale & retail | 2026 |
| KBM 2018 Limited | Professional & scientific | 2018 |
| Keith Best Kebab Limited | Hospitality | 2019 |
| Keith Brewery Limited | Manufacturing | 2012 |
| Keith Builders Merchants Limited | Wholesale & retail | 2001 |
| Keith Football Club Ltd. | Arts & recreation | 2004 |
| Keith Homeware Ltd | Wholesale & retail | 2025 |
| Keith Play Centre Ltd | Education | 2007 |
| Keith Smile Centre Limited | Health & social care | 2025 |
| Kelpie Games Ltd | Wholesale & retail | 2023 |
| Kempcairn Bess Ltd | Real estate | 2025 |
| Kitprofessionalserviceslimited Limited | Transport & logistics | 2021 |
| Lamplighter Ltd | Administrative & support | 2020 |
| LCD Joiners Ltd | Administrative & support | 2016 |
| LE Moulin Ltd | Real estate | 2020 |
| LM Services Scotland Ltd | Manufacturing | 2026 |
| M & M Joiners Limited | Construction | 2014 |
| M Mcallister Groundworks Limited | Construction | 2003 |
| M&D Tandon Catering Limited | Wholesale & retail | 2015 |
| Mains of Drummuir Farm | | 1989 |
| Mark Newsome Chimney Sweeps Ltd | Administrative & support | 2023 |
| Mark Strathdee Limited | Administrative & support | 2007 |
| Mbss Systems Limited | Information & communication | 2005 |
| MC William Joinery Limited | Construction | 2003 |
| Mcgill Enterprises Ltd | Construction | 2021 |
| Mcgill Rentals Ltd | Real estate | 2023 |
| Messrs H & R Davidson & Sons and the Moray Council | | 1998 |
| Mfsk Ltd | Construction | 2006 |
| MG Property Solutions Ltd | Real estate | 2024 |
| MG Worx Ltd | Construction | 2023 |
| Mike Anderson Farming Ltd | Agriculture & fishing | 2013 |
| Mike Tool Sales Limited | Wholesale & retail | 2026 |
| Mill of Towie Limited | Arts & recreation | 2022 |
| Millside Chalet Limited | Hospitality | 2021 |
| Mitchell's Hardware Ltd. | Agriculture & fishing | 2011 |
| Moray Electrical Services Ltd | Other services | 2016 |
| Moray Security Limited | Administrative & support | 2004 |
| Moray Textile Project | Education | 2005 |
| Mortlach Benessere Ltd | Hospitality | 2020 |
| Mulben Energy Limited | Energy | 2011 |
| Mulben Properties Ltd | Real estate | 2024 |
| Mulben Publishing Ltd | Information & communication | 2026 |
| Nethermills Consultants Ltd | Professional & scientific | 2025 |
| New Car Parts Limited | Administrative & support | 2007 |
| New Year Drinks Company Ltd | Wholesale & retail | 2020 |
| Newmill Renewables Community Interest Company | Energy | 2011 |
| Newsome Chimney Services Ltd | Administrative & support | 2020 |
| Nina Anna K Ltd | Hospitality | 2025 |
| NJH (Heating Engineers) Limited | Construction | 2026 |
| NO60PHOTOGRAPHY Limited | Professional & scientific | 2025 |
| Oakwood Cooperage Ltd | Manufacturing | 2018 |
| Oilstone Ltd | Professional & scientific | 2023 |
| Parkmore Holiday Cottages Ltd | Hospitality | 2009 |
| Petro Operations Limited | Mining & quarrying | 2025 |
| PFR Subsea Ltd | Mining & quarrying | 2017 |
| Porkies Scotland Limited | Wholesale & retail | 2021 |
| R a Gray Ltd | Construction | 2025 |
| R&R Duncan Ltd | Construction | 2026 |
| Rams (Scotland) Limited | Construction | 2019 |
| Reap | Information & communication | 2007 |
| Rescue Winch Ltd | Manufacturing | 2023 |
| Rocpool Ltd | Hospitality | 2025 |
| Ross & Simpson Limited | Construction | 2010 |
| Ross & Thomson Limited | Construction | 2003 |
| Rothie Inn Limited | Hospitality | 2014 |
| Rustic & Roses Limited | Wholesale & retail | 2016 |
| S Cranna and Grampian Regional Council | | 1990 |
| S Riddoch Professional Services Ltd | Professional & scientific | 2021 |
| S300TRADES Ltd | Financial services | 2025 |
| Sarrum Event Services Ltd | Professional & scientific | 2025 |
| SB Spice Bengal Ltd | Hospitality | 2025 |
| Sharp-Carcare Ltd | Administrative & support | 2026 |
| Simmers Contracts Ltd | Professional & scientific | 2015 |
| Simply Cremated Limited | Other services | 2016 |
| Sinclair Heating & Plumbing Services Ltd | Construction | 2019 |
| SJ Caledonia Group Ltd | Wholesale & retail | 2022 |
| Skene Mode Ltd | Wholesale & retail | 2026 |
| SLR Properties Limited | Real estate | 2025 |
| Smith Farms Trading Limited | Agriculture & fishing | 2025 |
| SMK Construction Ltd | Construction | 2022 |
| Sobie Spark Ltd | Construction | 2024 |
| Spey Valley Brewery Limited | Manufacturing | 2007 |
| Speyside Aypple Ltd | Manufacturing | 2023 |
| Speyside Finance Group Ltd | Financial services | 2025 |
| Speyside Harvesting Limited | Agriculture & fishing | 2003 |
| Speyside Signature Tours Ltd | Administrative & support | 2026 |
| Spice Symphony Limited | Hospitality | 2018 |
| Stacie’S Little Splashers Ltd | Arts & recreation | 2024 |
| Steerworks Ltd | Manufacturing | 2025 |
| Stephen & Robb LLP | | 2017 |
| Steps Ahead Mobile Foot Care Limited | Health & social care | 2022 |
| Stottlets Limited | Real estate | 2003 |
| Strathfurn Limited | Wholesale & retail | 2016 |
| Stripeside Ltd | Health & social care | 2025 |
| Sula Expeditions Ltd | Administrative & support | 2025 |
| Sunset (Keith) Limited | Hospitality | 2015 |