Paul Barter – thanks very much. Very helpful suggestion. I have solved the problem so for future help and anyone who's actually interested I will relate the steps I took.
Phoned Transwave – Pete v helpful. Checked supply to converter was man enough for the job – it was. Checked it was still ok when I turned on low speed ( 1000v multimeter on supply in box, all safety precautions etc).
Checked each phase delivered to lathe switch – all ok – 430 volts – Or so. Transformer looking ok.
Phoned Dean Smith and Grace who came up with some fantastic advice and a circuit diagram within 24 hours.
Circuit diagram beautifully simple. Even I could understand it.
Was going to test motor but didn't have a high voltage tester to see if the insulation was bad – see https://youtu.be/Fyd3S1EWfYA
Turns out the motor is a pole switching type. Here's how it works. https://en.wikipedia.org/wiki/Dahlander_pole_changing_motor
So plucked up courage and rotated the phases A>B, B>C and C>A , nb not swapping wires cos that would reverse motor. Must have been my lucky day as that solved it. Actually it was in the Transwave manual if I had read it – RTFM.
Here it is taking a light facing cut on 3 inch titanium.
Thanks everybody for your helpful replies, and for those non helpful ones …well.
BTW Npower was my only alternative. And before anyone suggests VFD I don't think that's an option. I am v happy with the 11 kW / 15 HP converter which hardly noticed starting a 7.5 HP motor and spinning the 14 inch chuck at 720 rpm. Brake works too.
Edited By capnahab on 04/09/2016 20:52:07
Edited By capnahab on 04/09/2016 20:53:09
Edited By capnahab on 04/09/2016 21:12:11