Owain. With care and taking a light cut with a sharp tool, the commutator segments can be machined back to produce an as new running surface for the brushes, and the insulation between the segments then cut back as already pictured. Depends on the existing thickness of the segments, and the depth of the wear.
If you do go down the new armature road, the cost of 6 Volt and 12 Volt components are not too far apart, and it is worth going for a 12 Volt system with a higher output.
Like RD recommends, I'd try checking the armature and field coil against electrical spec. and if satisfactory, cleaning up the segments. Stick with what you've got for now, meanwhile researching options for a possible upgrade. The cost of those pounds will certainly clear the mind as to the way you go.
Swarfy