In case anyone else suffers the same issue Mark Harding gave some tips and guidance on Facebook:
I’ve had this a few times. I’ve rebuilt an engine with lovely new guides etc. If I haven’t cleaned the fuel tank out thoroughly enough, a trace of brown, smelly gum remains. You take the vehicle for a run, everything’s fine but unbeknownst the valve stems are coated with a brown varnish. Next day you start the engine, several valves seize in their guides and then you have a bent pushed with the engine running on 2 or three cyls. I don’t expect you’ve had old petrol in her but perhaps the guides are a little too snug?
Try bouncing the valves down with a rubber hammer to see if they move freely?
For me, the tank and fuel lines and pump are all new and clean. The head was rebuilt with all new parts circa 800 miles ago and I have checked the valve clearances and all are OK at the cold setting and the pushrod in question looks OK so, all I can think of is the oil I am using, Penrite Shelsey Light 20w60 which has a ‘sticky’ additive.
I did intend going back to a straight SAE30 so will do that a.s.a.p.