Thank you everyone for your input on this. I took the bass to an excellent luthier here in Bristol. He took the tension off the strings and the truss rod - said the neck looked good, with a slight back-bow in it when under no tension. We then set it back up again with the same strings, then loosened the strings again before a final tune up. When he tuned it back up we were actually able to release the truss rod quite a bit - he said sometimes they can work better if you do it this way - so you're tensioning the strings against the rod, rather than the rod against the strings.. if you know what i mean.
Also, he was impressed with the bass. Liked the weight and the slim neck. And how easy it plays.
Anyway, I've currently got a good bit more adjustment in the rod, which I'm happy with. It also does seem sensitive to small tweaks. Might change to lighter gauge strings to see how much more that gains me, will update if i do.. but for now i'm happy I've got a good bit of headroom if i need it. I'm keeping the bass!
Thanks again, Ben.