Hi Mit, welcome to the forum
Firstly, you won't get "too advanced". Every compact on the market has fully automatic point and shoot modes so don't worry about that.
The SX120 is a pretty good camera for the money. It's around £160 on most sites so £130 is a pretty good price. There are a couple of other cameras that might be worth looking at (although it really depends on what exactly you think is most important...)
Firstly, (and this is above your budget) is the
Fuji F80 EXR which is £160. If you can stretch to this camera, it's the best direct competition for the Canon. It's got a 10x zoom and comes in red, black or silver.
The only camera to beat the Canon on spec is another Fuji, the
S1600. It looks pretty big and scarey but it has all the auto point and shoot modes you could want along with a 15x zoom (pretty huge for the money) and a decent wide angle end for landscape shots. It's fairly chunky though so if size is important this might not be the right camera.
Next is a general all-rounder. The
Panasonic DMC FS-11 is £130 and has a 5x zoom. It's a good sensible all round camera which doesn't really match the spec of the Canon, but thats mainly because you've found a good price for the Canon...
Finally, you mentioned sturdy. This is a tricky one as, generally speaking, the more you spend on a camera, the tougher they get. However, there are such things as "rugged" cameras. There are 2 that are just about in your price range.
They are the
Fuji XP10 (5x zoom, waterproof to 3m, dustproof, shockproof etc, £120) and the
Olympus mju Tough 3000 (3.6x zoom and similar ruggedness as the Fuji - £145).
This is quite a lot of information to take in so I'll offer some personal opinion as well... The Canon SX120 normally retails for about £160 and is a good all rounder. If the retailer you've found that's selling it for £130 is a reputable one then it's a pretty good deal which you will struggle to beat. Being plastic it's not going to be very very strong but it's going to weather better than the shiny fake metal bodies you get on some compacts. The only other camera here I like enough to spend my money on would be the Fuji F80 EXR but it's quite a way out of your price range.