Logo Design - Urgent

We need a re-work of the current logo for it to fit on two lines or one: with inside’ and town name.

Bearing in mind there will be different town names for each logo the design needs to take this into account and I’m happy to consider a total rework using any of the company colours:

# A23886
# 292765 and
And a complementary grey colour.

Would perhaps quite like to see more of the grey as an example. Here’s the test site it needs to fit around: http://www.dev.inside-guides.co.uk/brentwood/

Perhaps a sample with just the lettering with a grey underline & also the bullseye.

It needs to somehow fill the white space more.

For inspiration we like Smashing Magazine's one: http://www.smashingmagazine.com/ with the image and slight rainbow effect in the middle (obviously using our colours)