Could be lots of problems - difficult to tell without further tests.
First thing I would do is check compression for evenness by turning it over by hand. This will immediately show whether you have a ring/valve problem.
Pulling the plugs and keeping track of where they came from will usually show by colour, oiliness etc, whether there is a problem with one or two cylinder(s).
My guess is that you have valve or ring problems, but there are all sorts of other possibilities from a loose intake manifold, to a broken spring in the centrifugal advance in the distributor (or sticky weights) to a timing chain that has skipped a tooth (very worn sprockets or faulty tensioner).
John
John
JDNSW
1986 110 County 3.9 diesel
1970 2a 109 2.25 petrol
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