I was eventually able to resolve this issue, which turned out to be incorrect installation instructions. When installing under Windows the documentation says install Visual C++ Redistributable 2012. This is to ensure critical Windows libraries (DLLs) that the package depends on are present. One of the library dependencies is MFC100.DLL.
However Visual C++ Redistributable 2012 actually installs MFC110.DLL causing a missing library dependency. Installing Visual C++ Redistributable 2010 installs the required MFC100.DLL and JCOP Tools then runs correctly. Hope this is useful to someone else ;-).