I recently bought a Webley Mk IV revolver in .38 S&W. It's in great shape with no noticeable wear on the mechanism.

I'm able to cock the hammer, but when I press the trigger, the hammer falls softly and does not hit the primer.
Double-action firing works fine though.
Were these Webleys double action only? Were they modified in service to fire only in double action mode?
Or is there an issue with mine?

Here it is, by the way:
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