I hope it’s a gun you really want because repairs will cost a LOT more than you’ve got in it right now. Yes, Webley’s were very well built guns. In fact, Webley built many of the guns ascribed to many other makers, even a number of London names.
I have started buying and selling vintage guns, turning a hobby into a part time job in retirement. Focusing on antiques until I get my FFL. So the intention of buying the gun was for resale. Looking at comps, and depending costs to restore, I think there is a better chance I can get my investment back than selling with its issues. I can strip and brown the tubes, but I need a stock guy and someone to fashion and fit the barrel latch piece. If I knew what it looked like, that would help.