Andrew Ritchie

Andrew Ritchie (born ) is the inventor of the Brompton folding bicycle, and has guided the Brompton Bicycle company to become the largest bicycle manufacturer in the UK. In the Queen's Birthday Honours of 21 April 2010, the company was awarded two Queen's Awards for Enterprise – in the Innovation and International Trade categories. News Distribution Services - Another great year for the Queen's Awards for Enterprise Brompton has now produced well over 1.100,000 bicycles and in 2008 achieved 25,000 units for export to markets such as the Netherlands, America, Germany, Japan and Scandinavia. His design won the 'Best Product' award against an international field at the Cyclex exhibition in April 1987.

He was appointed Member of the Order of the British Empire (MBE) in the 2010 New Year Honours for services to Business and to International Trade.

Early career After graduating in engineering from Trinity College, Cambridge, in 1968, Ritchie worked as a computer programmer for Elliott Automation which subsequently became part of Marconi. He then spent 5 years as a self-employed landscape gardener. In the mid-1970s his father, a stockbroker, introduced him to Bill Ingram and the Bickerton bike, which in turn triggered his own ideas for a folding bicycle. Ritchie persuaded 10 friends to invest £100 each so that he could build a prototype which was completed one year later.

Two more prototypes were built in the bedroom of his flat overlooking Brompton Oratory in South Kensington, London – hence the bike's name.

After failing to license the design to Raleigh Bicycle Company he managed to sell 30 bicycles to order for £250 each in advance. Convinced that there had to be at least another 20 people willing to buy one, he produced 50 rather than just the 30. After 18 months, the bikes were delivered – and all 50 were sold.

In the early 1980s, Ritchie raised £8,000 from shareholders, and made 500 bikes over 2 years.

Bicycle manufacturer Ritchie received private funding of £40,000 from Julian Vereker, founder of Naim Audio and a yacht manufacturer, who had originally bought two Bromptons after a chance discussion about 'folding bicycles' whilst on one of his yachts in Cherbourg in 1982. An additional £10,000 equity raised from friends, relatives and Brompton owners launched the company properly in 1986, and he eventually secured £100,000 to set up a better-equipped factory under a Brentford railway arch in 1987. It had taken five years to secure the capital.

Volume production was difficult and demand outstripped the factory's capacity, so it expanded into a second railway arch in 1994 and again in 1998 into the Chiswick premises it occupied until moving to Greenford in 2016.

Later life Ritchie has recruited new management since the early 2000s, including Will Butler-Adams who became managing director and, with new investors, purchased half of Ritchie's 50% shareholding.

Ritchie acknowledges that Brompton has been his life.