Back in the days when Columbus guitars were widely available in the UK (I'm talking early '80s...!) they were real cheapos, plywood bodies, cr@ppy pickups, cost about £80. They used to sell them in the Littlewoods and Kays catalogues!
In those days "Made in Japan" wasn't such a big deal, they hadn't yet shifted production of budget models to Korea (then China, Indonesia etc.)
But I don't really know anything much about the brand or how big their range was - that one has a bolt-on neck which suggests cheap, but the tuners (at least) look decent and the pickups look like DiMarzios (I never knew if they were genuine USA DiMarzios, or made in the Far East under licence).