When I was a kid my Dad had an ES2, which I think was the same hub and rear wheel as a MKI Commando. His rear sprocket was toast, so he turned off the teeth, turned the center out of another sprocket and welded it into the drum.
I'm wondering about doing the same thing, except using a drilled flange to accept a modern sprocket, similar to the one on my Hinckley Daytona. It's a big ring.
Aside from finding a suitable modern substitute, my main concern is the necessary gain in size to make this work. My bike is geared too low already, and the only way I can think to compensate for it would be a bigger engine sprocket.