Thanks Lurk and all above for your suggestions.
All of a sudden now the sparsebundle and TM backups are now visible in Disk Util.
Backups were transiently able to be seen in TM but when I closed TM and opened again, they were inaccessible again!
In Disk Util, I am able to right click the TM backup > show in finder and get to the files!
I did not do anything except plug CAT6A cable from iMac to LAN port on Time Capsule.
Although I have had the cable plugged in most of the time for the last 10 days while I was desperately trying to get any OS reinstalled after failed Catalina upgrade.
So it's not just a matter of cable vs wireless NAS communication.
Clearly the issue is not resolved, I will NOT be surprised when I get home from work if sparsebundle and TM backups have again disappeared from Disk Util, which is currently the ONLY way I can see them.
In answer to the Time Capsule, yes it is Apple branded combination NAS and wireless router. I have had them since 2009 with no issues, but as you know they were no longer manufactured after spring 2018 so eventually I will have to get something else.
After painstakingly confirming that I have all the my desired old data dragged to my new clean Catalina install I will likely try a new TM backup, any thoughts?
Not sure if it will do incremental backup or a new full backup in this case, anyone tried this?
Hans Bakken