You are not too far off, but there is another crucial piece of information on the gearbox plate. You should have a 20 Tooth gear on the "STUD" (That is the removable gear on the direction selector) and 56 Tooth gear on the Screw Gear (Gearbox input shaft). In between these gears there has to be an 'Idler' gear of any size that makes the afore mentioned gears mesh together. This will probably be about 80T. Make sure the Stud gear and the Screw gear are keyed to their respective shafts.
Have a look at this web site – probably not the AUD, but is interesting reading.
**LINK**
Its different from my copy which was an original (some time ago) – I will try to find an AUD link.
Good luck BobH
ps If this info doesn't help, there is a possibility that your machine was fitted with the Metric leadscrew (even though it appears to be an Imperial lathe) – see on this site.
Edited By Speedy Builder5 on 22/02/2015 13:49:05