Very common lathe, Draper, Axi, and a big list of brands sell the same model.
If you youtube Harbor Freight lathe, you would find it's the same thing also,
but with a different thread pitch for a chuck on those.
I'm not a turner, so cannot say if it's good or not, I got mine fer years back for 180 pounds,
and seemed to be about the going rate for these as standard,
i.e face plate, tool rest, and shorter banjo component, morse taper pokey stick,
but not steb centre nor live centre.
Got this steb centre from a suggestion here, might edit and find, little over a tenner for MT1 spring loaded thing which suits say tool handles, I like it.
(Edit: found the company but the only one available is a Charnwood one which may be different,
I must check the size.
I haven't looked to see if mines the same, or if it's inflation or whatever)
https://taylorsmirfield.co.uk/
And the MT2 live centre is from the Far East from the bay, seems very good for 20 quid also.
A chuck would be lovely to get someday.
I thought it was a good basis of a lathe at this price with the cast iron bed, and looked better to me than other options of which there are few of (sub 200 quid on the used market)
should something break, then at least I have a good basis of a machine to make bits for it,
Parts available fairly cheaply, like pulleys which seem to be the Achilles heel of it regarding build quality, not touched mine and made note of Chas recommendation to lubricate and keep an eye of
the reeves drive pulleys for cleanliness.
Can't say if it's underpowered or not, as I'm not a turner.
I'd search Chas posts on his Axi coloured one.