Hey Mick, Both your Limewire and Java are older versions. Have you thought about Updating?? I think the latest version of Basic LW is 4.12.15. Try 1.5.11 with Java.
See Here JRE Not JDK.Archive: Download Java 2 Platform Standard Edition (J2SE) 5.0 Update 11. Be sure to delete any and all versions of Java before updating. Go to Start > Control Panel > Add/Remove.

To upgrade LW go here. Lime Wire » Official Website & Free Download «. Hope this helps.