That looks just like the one I bought new in early 1994.
Mine was one of the first P7s sold by leisure lakes tarleton, nickel plate, F7 forks (which I snapped and were replaced by orange), STX RC headset and LX "compact" group. Orange finishing kit inc SK8 stem, seatpost and Hot Rod bars (old logo).
Mine had black "orange P7" graphics and Orange oranges. Soon after they came with all orange graphics.
Wheels were Mavic 230TIB on LX and I'm not surprised these have been replaced as the rims were pretty weak.
I was due to get the '93 LX non compact group at a discount but they apparently ran out.
Lovely bike!