Wow!
I had one of these when I was a kid.
It was bought new from Woolworths in Commercial Road, Portsmouth, England. I cannot remember the exact year but as most of my friends had Raleigh Grifters (which is what I wanted) at time and I was at middle school it would have been early 80's.
The one I had had a bar across the top of the handlebars to which it had a white motorcross style racing number plate (although some had a black plate with a picture of a hawk). I actually had 2 of these bikes as my first one snapped at a weld near the back wheel bracket within a few weeks so was replaced.
Although the bike looked cool with it's fake springs and big padded saddle it was an awful bike to ride. It was very heavy, had twist 3 spreed hub gears which were very difficult to change and brakes that just didn't slow you down at all. If I remember rightly the gears were Sturmey Archer and the small diamenter shiny white plastic grips meant you would get blusters trying to twist to change gear. The rims were chrome plated which meant keeping them rust free was a job for monthly polishing which in turn made them slippy and not much use for braking on. The brakes (as you can see from the picture) were very cheap and had a plastic adjuster screw that would slip through the caliper and lose all cable tension, also the positioning of the back brake was not the best. I also had a lot of issues with cotter pin wear and that chain guard would always clatter against the chain or crank no matter how much you tinkered with it.
The only good thing about the bike was it was built like a brick and survived many years of jumps and crashes without damage, but as you can tell I do not have fond memories of this bike and I thank god that during my adult life I have found that not all bikes are as awful as this.
I never ever saw anyone else with this bike so I assume sales were really low and was really surprised when I saw this thread.
Shame you no longer have it though