Clipping when playing singles? Sounds like too high a sensitivity to me, or low overload-margin perhaps? Some 7" singles were cut very "hot" using compression in abundance (easily seen on a wave editor), where many 12" singles on the other hand, had the limiting turned off with sometimes awesome results - if only all records had been made this way, no limiting at 45rpm and say, one track per side.....
The phono stage in the ancient and much maligned old Crown preamp has variable adjustors. The max setting allowing high-output MC types but with a very low 33mV overload. Set fully the other way, it's perfect for those huge output Shure M44-7's etc and the overload is around 300mV. My own feeling is that the overload should be no less than 50 - 75mV and if you're using a Decca, summat around 150 - 175mV would probably be more like it, as it's the ticks and snaps of vinyl reproduction which can cause the trouble a lot of the time.
Tear down these walls; Cut the ties that held me
Crying out at the top of my voice; Tell me now if you can hear me