Dear Tim.
The only fault you can have cats on petrol cars is where the core melts
due to excessive fuel being put down them. the symptoms are when you
drive the car for 5 to 6 miles, from cold the car performs perfectly. when
you get back home, do the journey again straight away, and your car
then feels like a 1.6cc car but with a 1.4cc engine. when you get back
home , do the journey again, this time the car is so slow you think you
are going to be walking back.
The only other time people change the cat is after a head gasket blow-
ing, and shoving lots of rubbish down the exhaust.
Won,t be inlet manifold gasket, as it would be running weak and have
a high tickover, can check by spraying carb cleaner where the gasket
is, the car will speed up when running on carb cleaner.
It could be a crank sensor, are they fitted to the bell housing on those
Bottom pulley has nothing to do with the timing these days, usually the
crank sensor does that.
Is it a 16 valve Tim
More info Tim
Hope this helps not hinders.
Vince