Whilst searching for a birthday present for Spotty, SuperTed discovers that Texas Pete and his cronies are planning to rob the biggest toy shop in the world.
A girl called Judy has had her long horn cattle stolen. SuperTed and Spotty fly down to Texas to retrieve the cattle. Once there, they meet up with a cowboy who is similar to Texas Pete.
After destroying the space satellite, Texas Pete, Bulk and Skeleton sneak into SuperTed's space station to take Spotty by surprise. SuperTed, on his way back, encounters a crash and soon is drifting away into space with no memory.
SuperTed has lost his memory, Spotty's parents have lost their daughter Blotch and Spotty himself is being held prisoner by Texas Pete, Bulk and Skeleton. To make matters worse, Texas Pete arranges for our heroes to be tied up in a rocket heading straight for the sun.
While investigating a strange light, a girl is captured by Texas Pete, who is smuggling weapons into North Wales via a submarine in a cavern, forcing SuperTed and Spotty to put their beach holiday on hold.
Texas Pete steals a crystal ball from a couple of gypsies and uses it to read other people's fortunes for his own wealth...and forecast doom for SuperTed.
On his way to Earth to see SuperTed, Spotty's rocket breaks down and he crash-lands in North America where he befriends a Red Indian. Also there, Texas Pete and his cronies plan to shoot a buffalo in order to have buffalo steaks for dinner.
After being catty with Spotty for making him get out of bed to retrieve him from outside the space station, he has a horrible nightmare which shows him what life might be like if he didn't have Spotty with him.
Texas Pete, Bulk, and Skeleton disguise themselves as Father Christmas and rob children of their presents on Christmas Eve. It's up to SuperTed and Spotty to clear the real Father Christmas' name and stop the villains.
At a seaside town in England, Texas Pete takes up a magician's act under the alias "Great Horrendo" to cheat children out of their allowances and briefly sidetrack Superted by making Spotty Man a volunteer in his hypnosis trick.
