2.0 aba 8v help

[Rupertfl]

I got my 81 rabbit (2.0 swap) on Saturday, Sunday I got to work as I was trying to find out why the car won't start I found out this. Everything from the battery to the distributer cap is reading 12.4 volts, but when I put the cap back on and test a spark plug wire, it stays at 0. Do I need a new distributer or what's going on?
The car turns and has good compression, new starter, new battery, new battery cables, all interior electronics works with the key, just will not start.