It is as mentioned Herbert 2D capstan. One of the older models although they didn't change much over the years, mainly detail changes. The lathe would normally take 2047 collets and these are specific to the lathe you cannot use Ward collets or other similar types due to the included angle of the head and also slight differences in the diameter. It is possible to fit these machines with a new collet closer and nut so you can use Burnerd or Crawford multisize collets since the metric versions of the 2047 are quite rare (they do exist but many must have gone to the scrapper years ago) the imperial versions turn up occasionally on certain auction sites.
The main problem for anyone trying to fit one of these lathes in a home workshop is the motor. It is a hefty three phase unit designed for rough industrial use. they are almost indestructible and extremely heavy so the current drain on start up and reversing peaks at high levels. You can go from full speed forward to full speed reverse with a flick of a handle and the motor will do this all day as often as you like without complaint. Whether an inverter would stand the strain is debatable and I would imagine rewiring to delta would be very difficult and very expensive even if it could be done.
How do I know all this? Well I have one in use in my shop. I have a three phase supply which helps and I make numbers of parts on a fairly regular basis. However as per previous posts you need to understand how capstans operate and have the necessary specialist cutter holders, die boxes exc. to make the best use of it. Once set it can be operated by a complete novice and produce massive numbers of identical parts all day every day hence their popularity in the days when Britain made things. Now superseded by CNC these machines are a relic of our industrial past and many thousands of them must have gone to the great scrap yard in the sky since the sixties/seventies