Thats the asv (anti shudder valve) i was on about, if this sticks closed engine acts like it has no compression.
does sound like imobilser is not letting pump inject fuel as there is a solinoid inside the pump that allows this using the needle lift sensor on no3 injector to work out when to fire other injectors.
http://wiki.ross-tech.com/wiki/index.php/01206
covers your fault code