Dr_evil
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shove efi in 
did you re check the compression after putting oil in (wet/dry) and what were the numbers?
Your compression is way too low. Depending on the year and compression ratio of the engine I would expect expect you need a minimum of 135psi but 150psi would be nearer what I would expect. Later high compression engines (9.35:1 efi) should be making 170 - 180psi
Your ignition timing is not right. If this is an early engine, you need to check the serial number on the distributor. The timing could be anything from 3 - 7 degrees depending on which year and dizzy set up is on there. The later electronic ignition systems are typically set between 5 - 7 degrees and as far as I know, 6 degrees should work on carb motors between 1984 and 1987.
So -
First I think you need to set timing to TDC then advance it up to 6 degrees BTDC and see how that goes.
Next I think I would be checking the carbs - do SU's have diaphragms in them?(I'm not the best carb man I'm afraid) Check the diaphragms haven't perished - this could easily be the issue here if the metering rod is unable to rise fully to allow full fuel flow (fuel starvation as others have suggested)
Do a full wet and dry compression test, don't forget to have the throttle wide open when cranking the engine. Sticky valves, blown head gasket or worn piston rings could be factors but FWIW carb problem would be my guess. Also do you know how the carbs are jetted? and are the jets properly clean?
Good luck.
one possibility is that its caused damage from being too advanced!
Not sure about top left but botom right seems to me like a vacuum source for something. Does ther other do the same because it's unlikely that both wont move if its ment to.
Might be worth checking the mechanical advance and vac to see if its actually working
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