Traditional tablets such as Nexus 7/iPad? It wouldn't rate very well, but its not meant to.
It's really meant to compete at the low end with the Tesco and Argos tablets. Based on the specs, it's similar to the Argos tablet, which wasn't well reviewed, even as a cheap device.
For a few extra Euro, the Tesco Hudl has better specs, but if you're in that price range (and depending on what you want a tablet for) I'd say the Kindle Fire is much better.
The Tesco and Aldi tablets have full access to Google Play and bot run the same operating system, so if you're looking for games, etc, then it'll be fine and will offer the same range of access to apps as each other. But the Tesco Hudl is faster, better screen and a good 9hrs battery life.
Not sure how they are with video, etc and playback, but if that's what you'd be interested in and in that price range, I'd think about the Kindle Fire rather than these.