Thanks guys, I think I may be homing in on the problem.
Today I gunked the engine and surrounding area to get rid of the lovely coating of oil from yesterday's valve clearance set up. Will do them static in future.
Checked points and they were at 0.010" so increased to 0.020". Played a bit with the idle screw and then tried to set the mixture but found that no matter whether I screwed it in or out, there was little change in revs. For the first time since collecting the car, I have it idling without choke. Now that's progress
So my next task is to check the vacuum advance mechanism in the dizzy. If thats ok, I need to get to the bottom of the mixture control not controlling! Failing that, it must be a leak somewhere. The search continues.....