1948 Famous James, Villiers Motor, Rare, Restore, Parts, Rat, or Wall Hanger

Found this old bike at a farm show. Who knows how long in the barn?No title. bill of sell onlyI just loved the look and the tank shift. I think it's a 1948. because the info I find says a 48 was last ML model. 35-48. and 48 was first year of the head decal that said" over 50 years". The engine turns over. but not much compression. 2 pictures are of someones restored one. The Famous James is one of the oldest motorcycle companies in the world. look it up. Villiers built the 125cc for them and many other British Motorcycle companies. What you see is what you get. Bike is in Englewood. Florida 34224 for your pick-up. Call me if any questions. Glen 765-969-7323