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Urgent help with a T & Co Brooch

Hi everyone, I’m in urgent need of help. I have this small brooch marked with a passant lion, an anchor and m… the brooch are also amrked with T & Co.

Now i wonder, is this truly a T&co brooch and if it is, it must be an old one?

I have trouble understanding why it’s has brittish hallmarks, why is it indicating that it have been made in Birmingham? (the anchor)

And who is M? And what year could it be from?

Greetings from Sweden

picture of it: tinypic.com/view.php?pic=2u7t91g&s=7

The M looks like this one in the middle

tinypic.com/view.php?pic=l8m5k&s=7