Members of an Essex drugs gang who sold millions of pounds worth of cocaine are to be stripped of the trappings of their James Bond lifestyle.

The gang made at least £3 million from distributing the drug nationwide, spending the cash on luxury houses, cars, boats and designer clothes, with the two ringleaders modelling themselves on James Bond.

Timothy Eastgate and Paul Flisher posed in the back of limousines as they toasted their ill-gotten wealth with champagne and used mobile phones which ended in the number 007.

They had guns at their homes and shared the ownership of a speedboat named Shaken not Stirred, kept on the Costa del Sol.

But the entire operation unravelled after one courier was stopped by the police on the M5 at Cullompton for having no insurance.

A judge has now ordered convicted drugs baron Flisher, sentenced to 21 years in 2011, to hand over all his assets after a proceeds of crime investigation was launched against the gang.

Flisher, aged 40, of Mount Road, Theydon Garnon, made more than £1.6 million out of drug dealing but has only £110,000 remaining.

His realisable assets include his equity in the former The Old Bakery in Chingford, his share in the speedboat, a holiday apartment in Bulgaria, and Bulgari and Corum watches.

The judge said:”The benefit derived from criminal activity was not less than £1,602,946.50 and the prosecution and defence have agreed a schedule of assets which sets the realizable amount at £110.783.27.”

He imposed a period of additional jail of two years and three months if the money is not paid within six months.

Dean Birch, 37, of Kimberley Road in Chingford, is serving eight years after helping transport the drugs to Plymouth, and was found to have profited by £360,000.

But his only assets were found to be the £203 in his current account at the time of his arrest.

He will serve seven days if he does not pay up.

James Wright, aged 28, of Hurst Close, Chingford, who is serving nine years, was ruled to have profited by £30,445 but his only asset was a bank account containing £57.30.

Eastgate, 33, of Oakhill Crescent, Woodford Green, was jailed for 23 years in 2011.

He may have made more than £6 million from dealing, but his case is likely to be put off to allow the prosecution and defence more time to trace his assets.