Adrian, as yours is an early coal fired bike, it sounds as if it has the bakelite clip on magneto end cap. The butcher has the later aluminium screw on type, famed for the ease with which it can be cross threaded to the technical term quoted. Hence "threads".
Your cap may have an O ring seal, if this is a bit too thick it will hold the brush too far from the rotating points bolt. To be expected with repro parts, made just not quite right. Worth making sure the points bolt has a nice smooth head, any nicks or gouges will machine away the tip of the carbon brush.
Swarfy.