Looks like you found your problem with the low voltage on the wire and the battery. Winter is the killer of batteries. If a battery is close to the end of it's life, the cold will make it happen instantly. With just 12 volts, I think you are very close to having to buy a new battery.
For the glow plugs, follow the wire until you find where it changes voltage. It could be just about anything, and the only way to know for sure it to follow it.
Testing compression on a diesel engine requires removing the injectors and a special compression tool. You can't do it with the same thing you test compression on a gas engine. Instead of doing this, look at the air that's coming out of the crankcase. There should be a vent tube someplace, but your dipstick to check the oil will work too. Does any oil come out of these tubes? If you are getting oil to spray out of there, you have too much blowby and need to rebuild the engine. Like mentioned previously, in winter, it might look like allot of blowby because the air is colder and you will see it more then you would in the summer.
Constant black smoke and a loss of engine oil are other signs that the rings are worn.
Did it start good in the summer?
Has it lost power?
Eddie