Yep I am sorry to say thats the one I use and with a little modification (cut the handle down to 25mm long) its a great throw away reel. I am on number 3
However be warned, On the third one I bought (from Ebay) the gap between the spool and the handle was much larger than on my previous two and the ratchet arm didn't lock easily into place.
10min's with a file and a flat bottom drill brought it up to the speck of my previous two and I am happy again but it would appear batch build quality of these £13.00 reels is not up to much
I have tried £80 Manta reels Custom divers £125 reels and friction reels and I keep going back to this cheep crap one that works great.
I id see a nice looking Narked @ 90 reel on his site. Its action looks very similar to my reel but its much better built. Its only 50m of line (I think) but it did look pretty good.
EDIT: WOZ JUST POSTED A PIC OF THIS REEL ABOVE,
Role on Kent tooling's SS ratchet reel my one is just toooooo cheap dive gear should be much more expensive than this

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ATB
Mark Chase