In your case Paul I would also think that its to do with the fact that you have no cat.
A code P0420 may mean that one or more of the following has happened:
* Leaded fuel was used where unleaded was called for
* An oxygen sensor is not reading (functioning) properly
* The engine coolant temperature sensor is not working properly
* Damaged or leaking exhaust manifold / catalytic converter / exhaust pipe
* Retarded spark timing
* The oxygen sensors in front and behind the converter are reporting too similar of readings
http://www.obd-codes.com/p0420