I am assuming that you would not be asking the question if it was a new piston.
Firstly you must be sure that you have the right size piston. In order to know this, you must first get a competent machinist to use a bore gauge at several different heights and orientations inside your engine's cylinder. If out of round is not exceeded by the allowed margin, you then check the code stamped on to the piston that clarifies piston diameter as either stock or of a revealed amount of overbore, for appropriate clearance. If allowable out of roundness is exceeded, you must either replace or overbore your cylinder by a standard increment that is supported by your piston manufacturer, and make sure that your piston is appropriately sized for same.
After taking the above actions, you must carefully inspect the piston and ring landings for cracks and dents, as well as roundness with a caliper.
Once past all the above checks, you should be good to go, although it might be a good idea to check the weight of your new piston against the original. Often the weight is marked on the piston bottom, but use of an exacting scale would be a good idea.
If you plan on doing any piston modifications beyond a mild polishing, it would of course be important to establish balance between the upper and lower ends of the rod and crank assembly before closing up the engine.
Also the grudgeon pin should fit with no discernable play, and piston pin be properly fitted.
Consult a good Villiers manual for specs and areas where material can be removed when balancing your piston.