| LUX Feast (UK) Ltd | Hospitality | 2024 |
| LUZ Care Ltd | Health & social care | 2024 |
| Lynx Logistik Ltd | Transport & logistics | 2021 |
| Lyon Safety Limited | Professional & scientific | 2021 |
| Láidir. Circular Mobility Ltd | Manufacturing | 2021 |
| M & G Engineering Services Ltd | Professional & scientific | 2018 |
| M & H Cleaners Ltd | Administrative & support | 2014 |
| M & K Sandhu Rentals Ltd | Real estate | 2018 |
| M & S Paterson (Electrical Services) Ltd | Construction | 2008 |
| M Kinnell Ltd | Administrative & support | 2022 |
| M&B Hygiene Services Limited | Professional & scientific | 2024 |
| M&E Integrated Services (Scotland) Ltd | Construction | 2024 |
| M&G Sparkle Squad Scotland Ltd | Administrative & support | 2025 |
| M&R Studios Limited | Real estate | 2018 |
| M.D.C. (Scotland) Ltd. | Manufacturing | 1998 |
| M2 Turkish Barber Limited | Other services | 2024 |
| Macdonald & Martin Limited | Real estate | 2015 |
| Macfarlane Gray Financial Services Limited | Financial services | 1999 |
| Macfarlane Gray Wealth Management Limited | Professional & scientific | 2015 |
| Macfarlane Physiotherapy Ltd | Health & social care | 2017 |
| Macfit (Scotland) Ltd | Other services | 2023 |
| Macgregor Thomson Limited | Professional & scientific | 2009 |
| Macgregor Thomson Properties Limited | Real estate | 2019 |
| Macgregor Thomson Whiskies Limited | Wholesale & retail | 2017 |
| Mackenzie Family Investment Company Limited | Real estate | 2020 |
| Mackie Properties Scotland Ltd | Construction | 2020 |
| Macnicol and Mclean Ltd | Hospitality | 2018 |
| Macpherson Joiners and Builders Ltd | Construction | 2018 |
| Macrobert Arts Centre Limited | Arts & recreation | 2008 |
| Macrobert Arts Centre Trading Limited | Arts & recreation | 2008 |
| Made in Stirling CIC | Wholesale & retail | 2021 |
| Madeira LOH Properties Ltd | Real estate | 2019 |
| Madhushan Ltd | Wholesale & retail | 2023 |
| MAE Health Services Ltd | Administrative & support | 2026 |
| Magd Cross Keys Ltd | Hospitality | 2018 |
| Maggies Traders Ltd | Hospitality | 2026 |
| Magnate Property Ltd. | Construction | 2007 |
| Magpie Heritage Ltd | Arts & recreation | 2024 |
| MAID2CLEAN Central Scotland Ltd | Administrative & support | 2019 |
| Mailer Nominees Limited | Professional & scientific | 1978 |
| Malt Whisky Agency Ltd | Wholesale & retail | 2015 |
| Mamma MIA Stirling Ltd | Hospitality | 2025 |
| Mandarin Hair & Beauty Ltd | Other services | 2010 |
| Manorneuk Ltd | Real estate | 2025 |
| MAR Holiday Rentals Ltd | Hospitality | 2024 |
| Mardc Limited | Health & social care | 2010 |
| Marines IT Ltd | Information & communication | 2022 |
| Mark & Judith Everett LLP | | 2008 |
| Mark Dreczkowski Joinery Services Ltd | Construction | 2022 |
| Market Street Holdings Ltd | Hospitality | 2020 |
| Marron Kitchen and Bathroom Designs Ltd | Manufacturing | 2026 |
| Marshall C Dallas Consulting Ltd | Professional & scientific | 2025 |
| Marshall Edwards (Private Dining) Limited | Hospitality | 2021 |
| Marshall Electrical Services (Scotland) Ltd | Construction | 2022 |
| Martin Craig Bathroom Design Studio Ltd | Construction | 2007 |
| Martin Electrical Services (Stirling) Ltd. | Construction | 2008 |
| Martin Robertson Associates Ltd. | Professional & scientific | 2002 |
| Martin W Fisher Limited | Construction | 2017 |
| Martisto Ltd | Information & communication | 2025 |
| Martkan Ltd | Wholesale & retail | 2020 |
| Marvel Homes and Properties Limited | Real estate | 2025 |
| Maryfield House Hotel Limited | Hospitality | 2017 |
| Maryland Investments LP | | 2015 |
| Master Installs Scot Ltd | Construction | 2025 |
| Matays Food Limited | Hospitality | 2025 |
| Mato's Cafe Ltd | Hospitality | 2026 |
| Matthew Primrose and Company Limited (80/369) | | 1964 |
| Mauve Pilates Limited | Arts & recreation | 2024 |
| Mauve Retreats Limited | Arts & recreation | 2026 |
| MAX Physio Ltd | Other services | 2022 |
| Maxcard Impacts LP | | 2016 |
| Maxi Staffing Ltd | Administrative & support | 2025 |
| Maxicom Sales LP | | 2016 |
| Maydex Organization LP | | 2016 |
| Mayhol Trade LP | | 2017 |
| MAZ Auto Centre Ltd | Manufacturing | 2024 |
| MAZ Taxi Ltd | Transport & logistics | 2023 |
| MAZ Ventures Ltd | Wholesale & retail | 2026 |
| MBJL4 Ltd | Administrative & support | 2014 |
| MC Auto Care Ltd | Wholesale & retail | 2014 |
| MC Auto Services Limited | Wholesale & retail | 2019 |
| Mcallister Bell Consulting Limited | Professional & scientific | 2014 |
| Mcallister Renewables Ltd | Mining & quarrying | 2018 |
| Mcaree Brothers, Limited | Wholesale & retail | 1949 |
| Mcarthur Smith Financial Management Ltd | Financial services | 2001 |
| Mccall & Partners Limited | Financial services | 1999 |
| Mccallum Holdings Ltd | Financial services | 2017 |
| Mccallum Metals & Waste Recycling LLP | | 2012 |
| Mccallum Solutions Ltd | Real estate | 2016 |
| Mccaskie Limited | Wholesale & retail | 1957 |
| Mcdonald Industrial Flooring Limited | Construction | 2022 |
| Mcdowell Engineering Limited | Professional & scientific | 2003 |
| Mcelfatrick Consultancy Limited | Professional & scientific | 2017 |
| Mcewan Joiners & Building Contractors Ltd. | Construction | 2008 |
| Mcgregor Inns Ltd | Hospitality | 2020 |
| Mcintyre Investments Ltd | Real estate | 2022 |
| Mcknight Associates Ltd | Administrative & support | 2017 |
| MCL Bookkeepers Ltd | Professional & scientific | 2020 |
| Mclean Investments Limited | Real estate | 2024 |
| MCM Risk Assessment and Finance Ltd. | Professional & scientific | 2006 |