It appeared to me that it was the Excel component that was amiss as right-clicking on the embedded object would normally give options of Object | Open, Edit, or Convert, in this instance the only option was Object | Convert, and this showed the embedded item as being (as far as Word was concerned) of Unknown type.
Checking the registry led to the resolution of the problem: Under HKEY_CLASSES_ROOT the .xlsx key default value was referencing xlsx_auto_file, this is incorrect, on other working machines it shows Excel.Sheet.12 – edited the entry on the recalcitrant machine accordingly, opened the document/table again, and all was good!