Bicycle Tag of bike

Sorry to post off topic- I've followed this for ages but only just registered to try to report an incident (today 17:55 Clerkenwell Road, idiot in black BMW cutting us up (almost definitely on purpose) to swerve into Leller's Valeting Centre- rider down but luckily seemed unhurt) and found myself in 'the nursery', so apologies this is an inappropriate place...

However- a tenuous link- I do remember someone on BTOB somehow being able to discern an indiscernable street sign from a tag, and was hoping they might be able to perform the same magic on the reg plate on this photo (and also advise on model of car)? Then I'll submit to here for whatever good that will do - https://secure.met.police.uk/roadsafelondon/ Thanks! (And fingers crossed the photo works, although 2 more posts and 22 hours to go anyway)

http://i50.tinypic.com/292tu1h.jpg

I can't make out the reg - V32 something I reckon, but that is an BMW 3 series (E46), wearing a set of wheels from a current M3 (E90). Their's isn't an M3, it's lower spec, and it's pre-facelift, which makes it earlier than 2002 model year