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Hi guys! Update....
NJ - have had a look at your new diagram and, although the colours aren't the same, I think I can see why my circuit still isn't working.
This elusive 'yellow wire' that bhg talks about is probably my extra red wire. This would make sense as the light doesn't work at all when this isn't connected.
So to recap -
I have a red live coming into one switch and a red going out as a common to the other switch.
So the common goes into the common terminal, the red goes into 'one way' and the black goes into 'two way'.
In the other switch at the other end of the room, I have the common from the other switch going into 'common' with the other red (output to light) going into 'one way' and again the black wire into 'two way'. This second switch has no power coming in yet but can do with bridging from another switch (it's a double switch). So is this wiring right? And if it needs a separate bridge to use a permanent live, which terminal should this be in?
Gonna have another play with it tomorrow anyway but any feedback would be helpful.....
Thanks guys!