I found that my new tool worked very well. I also found that keeping the wire level as you wrap really made life simpler. That's why you can see the loose end clamped to the board on the right.
Here's a closer view. This picture shows the point just before the wrapping was slid up tightly to the thimble. It closed the gap in the cable and made things neat and tidy. After that, the wrapping continued followed by the traditional soldering.
Here's the completed fitting at Station 5 upper.
Nothing exciting to report here - just lots more cables to build!