I'm after a few pointers on getting it running on all 4

It's a 1.9 watercooled petrol.
I've been rebuilding British bikes for 30+ years so know the basics, but will admit to being a pleb when it comes to 4 wheels.
I have checked the usual plugs leads etc, and done a compression test with all being roughly the same give or take 5 psi (135 ish from memory)
This has only started happening since going to a local garage to get the heater sorted and the tick-over adjusted, as it was high when warm (I am guessing was an air leak)
Anyway the garage now say it has dropped a valve and needs a replacement engine, which I am suspicious about due to the compression test being OK
All pointers would be mucho appreciated.
Thanks
Andy