Folks:
It is a QR spindle and it's defo the cones and spindle I want to replace. I don't know for sure if the thread have gone but if they have, I think it will be the threads on the locking nut, not the cone (locking nut being very thin).
I suspect the "clicks" were the threads slipping and consequently I think the locking nut was loose before the QR came tight and the cone simply undid.
My calculation was given the likely cost of a new cone and spindle compared with the faff of further investigation and the age of the cones this was most effectively solved by getting a new spindle and cones, iff, I could easily identify the part.
Cups would be a bonus - I forgot the freewheel comes with the cone - last time I had this off it was too much of a faff for me to bother again unless the freewheel is knackered. As far as replacing the hub goes - I can't be arsed to rebuild the wheel myself - I realise some people like this sort of thing and some finding it relaxing and hypnotic even but I find wheel building tedious and a infuriatingly frustrating use of my time compared with being out on my bike.
For me - new cones and spindle: 15 mins of time + washing up with the bonus of nicely greased bearings. For me wheel rebuild: all weekend in a terrible mood.
If anyone know if this is a standard size / part please let me know!