no, if say the upstairs one is running and someone attempts to turn the ground floor one on, this device will not allow that until the upstairs one has been turned off.
And vice versa? In other words, is it a two-way lockout or does one always take priority over the other?
No. 1
The house has 2 metres at the moment but I would like to consolidate into one. It will be split over 3 floors and have at least 2 electric showers. Can someone tell me by looking at the picture if the current incoming supply could cope with that?
At least two? Maybe more? You have to realize that the typical ~9.5kW electric shower will pull almost 40 amps from the supply the whole time it's running, so it's a substantial proportion of the total power available on the typical supply. If you're running two such showers simultaneously, plus electric cooking, electric space heating etc. you'll easily reach the limit of even the standard 100A single-phase supply.
If you have two or three phases available already (as appears to be the case), then distributing the load of the showers across the phases would certainly be beneficial. But in order to say if the existing supply cable would be adequate, we would need to know what else you intend running (especially in the way of electric heating of any sort - cooking, space, water), and you would need to check with your supplier what options are available.
No. 2
The DNO has installed a new ground cable and 7 way panel for 5 flats.
Ah, so the DNO has already provided 5 separate meters for the new flats. With you now.
I've had 5 separate supplies put in so this is surplus to requirements for now (it's the original setup). I just thought it may be worth keeping in case future dwellings are created and if this is some sort of expensive three phase which cost a boat load to have installed again.
These days, even a basic single-phase supply is likely to cost a boat load to have installed, or for that matter to have removed. Once you've finished with this supply, your supplier will remove all the metering equipment and you'll just be left with the supply cable coming up to the service cut-out.
So long as it's not in your way, you might as well just leave it in place where it is in case of any future changes and to save a lot of money. You could box around it if you want to hide it away, but don't completely seal it up so that it can't be accessed easily in the future, e.g. make a false cupboard, or a deep cupboard with an easily removable access panel, etc.