That is a nice kili racer. looks in beautiful condition.
Found out today that my brothers 92 kili is no more. Mom had given it away 2 years ago without saying anything
So my quest took me to gumtree where I found what said Saracen race elite for 60 quid. I looked at the pics and saw what I thought was deffo a red 92 kili racer so went to investigate.
I arrived to find a bike nearly identical to what I thought it was but true enough "race elite" was and is the name. The lad reckoned he got it in 93 0r 94, brand new and it was all still original bar the tyres.
Basically the wheels are black wolber rims on black lx m560 hubs, ritchey headset. the rest is altus A20. Did a bit of research and found the hubs to be first manufactured in 93 and the altus a20 group set about the same time? Problem is I really don't remember a model called the race elite from 93 onwards, especially with a frame the same as a 92 kili.
I will post up the pics in the day