Since this post I replaced the woodruff key and magneto rotor. I also had the carb stripped, ultrasonic cleaned, new internals, all reset specs, vapour blasted and rebuilt. Its spot on.
Put the two on and started straight away, idle and everything! It was a bit boggy so ill need to rejet it but it has got a ramair pod filter on it and a built exhaust.
Also a bit of a whizzing sound around the starter motor and the gear behind the magneto rotor. So that's got to come off and be investigated
Mackenzie