I suppose once the Germans assess the after-action reports and examine the British tanks left behind they reconsider what upgrades are needed to existing tanks. And kick start the programmes for replacements. This would happen even when only Matildas (either version) are available, any Valiants would merely emphasize the needs.Desperation, what about Devastation...., I remember a story about the early days of Barbarossa and the first encounter with the KV 1&2... Nothing that Germany had could take them on from a distance. The Valiants can run amok through the German Front Line Troops and almost nothing (except Flak 88 / Field artillery in direct fire mode) can take them out. As soon the these reports come back to Britain, the production of Valiants will be maxed out. In Berlin they may take counsil of the fears and be very afraid of taking on the BEF head on.
Short-term I'd expect the 5cm L60 to be the standard for the PzIII. IF enough can be produced to replace the infantry anti-tank guns also. Which probably would be the case as there would be no need for a new production line for the shorter version. (Is that correct?) Both PzIII and PzIV to be given increased armour.
Wild card suggestion for late 1941 but planned before Barbarossa. Adopt the 75mmL43 (?) for the PzIV and gradually turn to making StugIIIs rather than PzIIIs.
Maybe a lighter Panther for 1942?