You seem to be missing my point. I'm using bikes to show that 100bhp per litre is not difficult. The 1.4 litre 100HP Panda should easily make 120bhp with some careful mechanical tuning.
I’m really not sure why bike engines had to come into it either ? Anyhoooo
In all honesty you could probably gain up to 10-11hp with some mods to help in breath better both in and out, and a quick check online tells me that an engine remap on these will give 9hp improvement on a standard engine so with tweaks probably above 9hp almost certainly 120hp would be achievable.
Back in the early 2000s I knew a lot of food tuners and at that time the Zetec was king. They were tuning the 1.8 focus zetec with thousands of pounds of heavy engine work lightening balancing, stainless customs high performance exhausts, lightened fly wheels you name it they were doing it all on non turbo charged engines, and If very lucky they could maybe manage 180hp at the top from a car with 120hp to begin with so you could argue by throwing thousands of pounds at it you could gain 50% on a standard engine, but these highly strung Ford engines were not exactly reliable often needing to go back for more work and tuning every 5 minutes and breaking down.
I’d say £1000 with intake, exhaust and a remap would get you around the 120hp mark which is pretty good as improvement on a NA car with a small engine like this. To go any further is going to cost a fortune and damage the reliability of the car. I’d say 120hp is achievable on that budget.
The only thing is and it has to be pointed out (at worst) would adding 20hp to the 100hp without any other mods destroy the way the car feels and drives or (at best) make no discernible difference to the way the car feels drives or accelerates because it’s only 20hp
Also is it worth modifying a potential future classics and ruining its future value and desirability (look how many Punto GTs got scrapped because they were badly modified) is it worth spending £1000 for a very small gain in actual horse power.