Thanks for the scan Tim.
I've had a look through my Amiga Format collection and I found the arcade Zool article. It's in AF 45 (April 1993) page15. It has the exact same screenshot as you've provided. The level looks like the one with the Lollipops sticking out of the ground. Candy world or something.
Here is what AF say about it:
Zool At The Arcade
Amiga owners have known for months that Zool is good enough to be an arcade machine, but now Bell Fruit Manufacturing have caught on to the fact too. Summer 1993 will see the ninja mut-ant kicking and spinning his way across many a sea front and town centre arcade, as the Zool coin-op is launched. Play will strongly resemble the Amiga version but additional features will be incorporated, including over 100 levels of arcade action. If you've finished the computer version, start saving those 50 pence pieces.