Drumnor Investments Limited

Reference number: 613500

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks

  • When drumnor.co.uk first appeared online, and whether it can receive email
  • What kind of line 01382 755800 is
  • Who else gives the postcode DD1 1DU
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Other names (5)

If you were contacted under any of these names, it is this firm.

  • Thorntons Investments Trading name
  • Thorntons Wealth Trading name
  • THORNTONS INVESTMENT MANAGEMENT LIMITED Former name
  • Thorntons Investment Management Ltd Former name
  • Thorntons Mortgages Former trading name

FCA permissions and consumer protection

  • Hold or safeguard your money · Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Give regulated advice FSCS may apply
    A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
  • Advise on or arrange mortgages FSCS may apply
    Mortgage advice and arranging may be FSCS-covered, up to the limit that applies.
  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (8 permissions)
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on Pension Transfers and Pension Opt Outs
  • Arranging (bringing about) deals in investments
  • Arranging safeguarding and administration of assets
  • Dealing in investments as agent
  • Debt-counselling
  • Making arrangements with a view to transactions in investments
  • Managing investments

Limits on what they may do

  • This firm may handle your money in passing but must not hold it, so payments should go to the product provider, never to a personal account.

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company number
SC438886
Company status
Active
Company type
Private limited company
Incorporated
14 December 2012 (13 years old)
Registered office
Royal Exchange Building 2nd Floor, Panmure Street, Dundee, DD1 1DU, Scotland
Nature of business
  • Fund management activities (SIC 66300)

Directors and company secretaries

Name Role Born Appointed Other companies
Matthew James Strachan Director Aug 1963 25 May 2022 2 other companies
Scott Charles Milne Director Apr 1962 28 May 2025 7 other companies
Andrew Scott Mclean Director May 1987 7 Aug 2025 2 other companies

Other companies run by these 3 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
9
still active
9
is FCA-registered
1

In the full report: all 9 companies, named

  • What each company does, and whether it is still trading
  • Which of these 3 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The one on the FCA register, including one no longer authorised
  • The 2 companies these 3 directors run together
  • All 13 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 May 2025Full accountsAudited

Net assets

£2.77m

+86% from £1.49m

Cash at bank

£405k

+33% from £305k

Owed within a year

£1.05m

+46% from £724k

No turnover or profit for the year to 31 May 2025: the accounts print them but do not tag them. The last tagged figures are £4.06m turnover and £664k profit, for the year to 31 May 2022.

Assets and liabilities

About these figures
Turnover
Money taken from sales in the year, before any costs.
Profit before tax
What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity
Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities
Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank
Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year
Debts and bills due in the next twelve months, and those due later.

Accounts filed at Companies House for company SC438886. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

Drumnor Investments’s history from the FCA register and Companies House, newest first.

Key events (9) All events (41)

2025

28 November 2025

  • Changed its registered name from "THORNTONS INVESTMENT MANAGEMENT LIMITED"

FCA register

15 August 2025

  • Changed its registered name from "Thorntons Investment Management Ltd"

FCA register

2024

23 September 2024

  • Thorntons Discretionary Holdings Limited took control (75–100% of shares)
  • Ti (Jersey) Ltd gave up control

Companies House

20 September 2024

  • Ti (Jersey) Ltd took control (75–100% of shares)

Companies House

2014

22 October 2014

  • Regulated by the FCA from this date
  • FCA imposed a requirement (May control but not hold client money & Assets)
  • Became authorised by the FCA

FCA register

2012

14 December 2012

  • Incorporated at Companies House

Companies House

In the full report: all 41 events

  • All 41 events in its history (9 shown here)
  • Every director appointment and resignation: 23
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Firms connected to Drumnor Investments

Other FCA-listed firms that share a director, phone number or address with Drumnor Investments. A link shows who the firm is tied to, not whether either can be trusted.

connected firm
1
share a director
1

In the full report: the connected firm, named

  • How it is linked: shared directors (1)
  • Who links it to this firm: the named directors, with dates
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Firms like Drumnor Investments

Other firms of the same type (investment or fund manager), nearest first.

In Dundee

WM Thomson & SonsDundeeAuthorised

Elsewhere in the UK

UBS Asset Management (Europe) S.A.AuthorisedUBS Asset Management (UK) LtdLondonAuthorisedUBS Asset Management Funds LtdLondonAuthorisedMarks and Spencer Unit Trust Management LimitedChesterAuthorisedJPMorgan Asset Management (Europe) SarlAuthorised

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Drumnor Investments

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 9 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 41 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Drumnor Investments Limited FCA authorised?
Yes, Drumnor Investments Limited (FRN 613500) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since October 2014 and works as an investment or fund manager. The FCA has placed a limit on what it may do.
What is Drumnor Investments’ phone number and website?
The FCA register lists the phone number 01382 755800 and the website drumnor.co.uk for Drumnor Investments. If you were given different contact details, use these to check with the firm before going any further.
Is Drumnor Investments a scam or clone?
Drumnor Investments is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Drumnor Investments?
Its FCA permissions do not allow it to hold or control client money. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Drumnor Investments to the Financial Ombudsman Service, free of charge.
Who owns Drumnor Investments?
Drumnor Investments is owned by Thorntons Discretionary Holdings Limited, which holds 75–100% of shares and 75–100% of votes, since 23 September 2024. Before that, it was controlled by Ti (Jersey) Ltd.
Who runs Drumnor Investments?
Companies House lists 3 directors of Drumnor Investments: Matthew James Strachan, Scott Charles Milne and Andrew Scott McLean.
How long has Drumnor Investments been in business?
The company was formed on 14 December 2012, and has held its current FCA authorisation since October 2014.
What do Drumnor Investments’ latest accounts show?
Its latest accounts, to 31 May 2025, show net assets of £2.77m (+86% from £1.49m) and cash at bank of £405k (+33% from £305k).
Does Drumnor Investments use any other names?
It trades as Thorntons Investments and Thorntons Wealth. It has previously used 3 other names: THORNTONS INVESTMENT MANAGEMENT LIMITED, Thorntons Investment Management Ltd and Thorntons Mortgages.

Sources and links

The full report on Drumnor Investments Limited

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