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Will need to double check but pretty sure you’re correct with the parts. Yes John Bull lightspeed tyres, not looking too worn so hopefully a bit of life left. Gnutti front wheel (not sure about the rear) and Simplex gears. Stem is AS Gillott.
Pretty sure the seat came from a Dayton Roadmaster frame that came with it. What seat would you suggest to replace it? Calipers also, what would be a fitting replacement? Did think the plastic looked wrong.
Love the socialist trivia re. the red star, think the owner would’ve liked that too!
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Thanks for the info and advice @SideshowBob. Slowly doing it up now. Will cross post as advised in https://www.lfgss.com/conversations/238801/
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Thanks all and thanks for the i.d @benjaminbunny it certainly looks like a silverlight, also has 'Gillott' on the stem. Were they made by Gillott? This is all one big school day for me. Will definitely have an honest restoration done; preserve the history and patina, won't be spraying it purple! Any info on restorers for this type of job? Pref in South London.
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Cheers @Skülly I've started a clean up, tempted to have a go at doing it myself. Will at least do as much as I'm able to, then make a decision depending on how costly/difficult it's likely to be