I have the same concerns as Slowmotion. Have you tried the headphones in something else since you set this up? In theory, you should have blown both headphone drive units the moment you plugged them in and turned the unit on but it is possible that you have only damaged one, hence the quiet/loud difference. If you're lucky, they are high impedance headphones but even then, they are not usually designed to take unattenuated speaker output. The power handling of headphones is in the order of a hundred or two milliwatts, from an amp, a few watts up to scores of watts or more. Even with the weediest of speaker outputs, there's going to be a huge mismatch.
The other possibility is in the way the Maplins switching socket works (do you have a link?) or simply that the amp section of the player is wired in a way that doesn't like a common ground for its speakers. Or you have two separate negative speaker wires going into the switch and haven't combined them on the 'three wire" headphone output side, thereby giving you getting one full channel and low volume bleed from it for the other. To be honest, I'd be very wary about turning it all on!
The other possibility is in the way the Maplins switching socket works (do you have a link?) or simply that the amp section of the player is wired in a way that doesn't like a common ground for its speakers. Or you have two separate negative speaker wires going into the switch and haven't combined them on the 'three wire" headphone output side, thereby giving you getting one full channel and low volume bleed from it for the other. To be honest, I'd be very wary about turning it all on!