Thanks very much for that Allen. Yes I think the leak may be central, so where is it actually coming from, as I can't see a union at the top centre. It also probably makes sense to fit a new one rather than 2nd hand, given the effort to replace it, not to mention the re-gas charges.
As I understand it, there is a seal around the whole circumference/centre/main casing of the compressor, part of the original assembly/design. If the seal fails as in mine, the gas and dye leaks. I didn't dismantle my old unit to look in any more detail, just replaced it. As the seal runs the whole circumference, if it fails, where it fails may be at any point around the unit. You may be seeing dye emitted from the top of the compressor or anywhere around it and naturally the oil/dye will run to the bottom where it is most easily visible.
I suppose the main point is, you'll have to remove it to find out exactly where the leak is? As you have evident dye, it is unlikely to be other parts of the system causing the leak but don't rule it out, have a good look around the system before re-gassing. Reason for saying, my Schrader valve (lp port needed tightening up as well).