I realize this is an older posting, and I don't know where you are at with the rear suspension at this point, but I just now re-found this thread and had a few thoughts to add.
First of all, I can't help you with the math. There is a reason I wear a calculator watch. *laugh*
(Sad but true. This is my arm on Sterling Sports Cars factory website.)
Secondly, I'm a big fan of the idea of adjustable spring plates. They provide for a level of easy fine tuning that you can't get any other way. We should all have them.
Third, your rear really does look suspiciously high/unsprung. I seriously wonder if someone adjusted it before...in an unhelpful direction. I think part of your solution needs to be an adjustment, and you might have to change a spline or two in addition to the adjustability of the new plates.
But here is the important observation: Holy Oh My God are your rear tires large!!! They're friggin' HUGE, which I see as a significant part of the problem.
I've mocked up a bunch of different wheels on the Sterling and Cimbria over time, and I've never been able to get anything bigger than about 28.5 inches to look good or function well on the rear. What is your overall diameter on those rear tires? My thoughts are that, if they're over about 28", then it's simply too much tire for the rear.
I found a photo of the rear tires of my Cimbria SS for comparison. Unfortunately, I'm not around the car in person right now and I don't know what size they are. But they are BIG, yet smaller than yours. And on the rear, they seem to work. (The current front tires are the ones that came with the car and are WAY to big, rendering the car unturnable, but that's a discussion for later.)
But anyway, here's a shot of my rear tires/clearances: (Disclaimer: I have no idea why the previous owner cut hose ugly holes in the side for scoops. They are not my bad idea. I'm proud to make and acknowledge my own bad ideas.)
Unless you plan to do body work and rear fender flares (which I'm not knocking; that would be one solution), I think you're going to need smaller rear tires. That, plus the work you had planned with the torsion bars and spring plates should give you the clearances you want which still having a big powerful rear look without being to squat and kit-car-y like you said you were noticing on your car.
One more comment on the thread: Please be aware that the slots on the adjustable swing axle bolt holes are not to adjust the wheel fore or aft but rather to keep the wheel at a prescribed amount of toe-in (or no toe-in) as the hub is adjusted upwards or downwards. If you enongated those holes and pushed the wheel too far forward, it would also toe in quite a bit. It MIGHT not be enough to ever be noticed. I don't know for sure. But please just be aware of that complication.
Honestly, with slightly smaller tires and that upward adjustment (leading to a lowered rear), I think you're gonna be golden.
Please let us know how the plates (and all of the above) turned out. Also, I'll try to remember to look at the size of my tires next week so we all have a comparison. I like how my rear tires look. The front... well that's a much different story. *sigh*