they don't sell those filters in the UK. However, I think that the Penguin 350 is okay up to 70 gallons, and the Emperor 400 is okay up to 40 or 50 gallons, I think. So you have just about enough filtration, you are really borderline. To answer your question about is this enough filtration for five baby Oscars? Five small baby Oscars probably yes, but remember it won't be very long before these five baby Oscars are 8 inches long, and a 125 gallon tank will not be big enough, you'd be looking at more like 300 gallons.
if you're serious about keeping large fish, forget these hob filters, you must have a large aquarium with either large external canister filters, or even better, a sump filter. However I am talking in excess of 100 gallons. if you're not able to get your self a very large aquarium, forget getting several Oscars, you just haven't got the room.