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Mr Thornhill had made his fortune as a carrier in Stockport. This was a family business which he carried on in partnership with his brother James. In 1822, Thornhill purchased Ollerenshaw Hall for £8000 together with 170 acres and retired from the business. He and James continued their association with the business for nearly a year in order to help their nephews, the Messrs Hall, take over the affairs. In retirement he resided on the estate.
Thornhill was described as a man of penurious and parsimonious habits whilst also rather ostentatious. This was a man with a kind disposition who employed large numbers of local people at Ollerenshaw, who would otherwise have been out of work. Parsimony however, was exhibited in the smallness of the wages he paid.