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I've been following this with interest, but not contributed because most of the likely possibilities had either been covered by others already or obviated by you in the list of things you've changed, with of course the proviso that they are in fact the correct parts.
The most likely suspect left AFAIC is that the distributor is not turning. Have you checked this? I know some one else mentioned the possibility, but I gather you have not been able to devote the time to it. I would have a volunteer watch the rotor arm as you turn the engine over.
I don't know whether this engine has a gear driven distributor, or the much loved Lucas offset dog. The only instance I have experienced which would match the symptoms you have got is when on an ancient commer van I used to own, the distributor spindle seized and the distributor was pushed up out of it's clamp. Since it was lashing down in rain at the time, I was for once grateful for the engine being in between the front seats. I was able to remove the dizzy, hammer the spindle out of it's bushes, apply some oil borrowed from the engine, and get it going again without getting out.
HTH
Steve