Unfortunately, recent wet weather and a friendly RAC man have discovered that screw at the top of the dizzy cap has no thread to screw into. As you can imagine this means that any moisture in the air can now get into my dizzy and effectively kill my car

I have a couple of options, one of which is helicoiling it. I assume that most places will need the dizzy out of the car to do this? Plus I have no idea where I could get it done or the cost of.
Another option is to replace the dizzy with a similar unit.
Either way, it looks like I will need to take the dizzy off the engine at some point, and then try and get it back on without messing with the timing. I have never tried to adjust the timing on an engine and although I have read the Haynes manual and a couple of posts I am not too confident with the idea.
So! What would guys suggest? I have all manor of temporary measures in place (splash shield/rubber glove/vaseline/tie wrap to hold the dizzy up), but none of them can compare to having the screw tightened as it should be.
Anyone know anywhere around Barnsley that could helicoil in situe? Or anyone that have the tools to helicoil it, would be willing to do it in situe and are not too far from Barnsley?
If not, can anyone help me with the removal/refitting of a dizzy and then setting the timing as needed? I can get a timing light if needed (given some warning).
And yes, there will be beer money for services rendered be it helicoil or timing

If anyone knows the size of the bolt so I can try finding my own helicoil kit, that would also be very useful!