The Raleigh Bicycle Company is a British bicycle brand based in Nottingham, England, and founded by Woodhead and Angois in 1885. Using Raleigh as their brand name, it is one of the oldest bicycle companies in the world. After being acquired by Frank Bowden in December 1888, it became The Raleigh Cycle Company, which was registered as a limited liability company in January 1889. By 1913, it was the largest bicycle manufacturing company in the world. From 1921 to 1935, Raleigh also produced motorcycles and three-wheel cars, leading to the formation of Reliant Motors. Raleigh bicycle is now a brand owned by the Dutch bicycle group Accell which it uses in Europe and licences out in other territories including to Canadian Tire in Canada and Suncross in India. Design and manufacturing no longer take place in the UK. In August 2026, Accell began insolvency proceedings. In 2006, the Raleigh Chopper was named in the list of British design icons in the Great British Design Quest organised by the BBC and the Design Museum.
History
Early years
The history of Raleigh bicycles started in 1885, when Richard Morriss Woodhead from Sherwood Forest, and Paul Eugene Louis Angois, a French citizen, set up a small bicycle workshop in Raleigh Street, Nottingham, England. In the spring of that year, they started advertising in the local press. The Nottinghamshire Guardian of 15 May 1885 printed what was possibly the first Woodhead and Angois classified advertisement.
Nearly two years later, the 11 April 1887 issue of the Nottingham Post contained a display advertisement for the Raleigh 'Safety' model under the new banner 'Woodhead, Angois, and Ellis. Russell Street Cycle Works.' William Ellis had recently joined the partnership and provided much-needed financial investment. Like Woodhead and Angois, Ellis's background was in the lace industry. He was a lace gasser, a service provider involved in the bleaching and treating of lace, with premises in nearby Clare Street and Glasshouse Street. Thanks to Ellis, the bicycle works had now expanded round the corner from Raleigh Street into former lace works on the adjoining road, Russell Street. By 1888, the company was making about three cycles a week and employed around half a dozen men. It was one of 15 bicycle manufacturers based in Nottingham at that time. Frank Bowden, a recent convert to cycling who on medical advice had toured extensively on a tricycle, first saw a Raleigh bicycle in a shop window in Queen Victoria Street, London, about the time that William Ellis's investment in the cycle workshop was beginning to take effect. Bowden described how this led to him visiting the Raleigh works:
In the early part of 1887, while looking for a good specimen of the then new safety bicycle, I came across a Raleigh in London. Its patent changeable gear and other special features struck me as superior to all the others I had seen, and I purchased one upon which I toured extensively through France, Italy and England during 1887 and 1888. In the autumn of the latter year, happening to pass through Nottingham, and with the idea of, if possible, getting a still more up-to-date machine, I called upon Messrs. Woodhead and Angois, the originators and makers of the Raleigh … It is clear from Frank Bowden's own account that, although he bought a Raleigh 'Safety' in 1887, he did not visit the Raleigh workshop until autumn 1888. That visit led to Bowden replacing Ellis as the partnership's principal investor, though Bowden did not become the outright owner of the firm. He concluded that the company had a profitable future if it promoted its innovative features, increased its output, cut its overhead costs and tailored its products to the individual tastes and preferences of its customers. He bought out William Ellis's share in the firm and was allotted 5,000 £1 shares, while Woodhead and Angois between them held another 5,000 shares. In Frank Bowden's own lifetime, Raleigh publicity material stated that the firm was founded in 1888, which was when Bowden, as he himself confirmed, first bought into the enterprise. Thus, Raleigh's 30th anniversary was celebrated in 1918. The 1888 foundation date is confirmed by Bowden's great-grandson, Gregory Houston Bowden, who states that Frank Bowden "began to negotiate with Woodhead and Angois and in December 1888 founded 'The Raleigh Cycle Company'." The December 1888 foundation date is also confirmed by Nottinghamshire Archives. In recent years, the Raleigh company has cited 1887 as a foundation date but, whilst this pre-dates Bowden's involvement, the Raleigh brand name was created by Woodhead and Angois and the enterprise can, as demonstrated above, be traced back to 1885.
The company established by Bowden in December 1888 was still privately owned with unlimited public liability. In January 1889, it became the first of a series of limited liability companies with Raleigh in its name. It had a nominal capital of £20,000, half of which was provided by Frank Bowden. Paul Angois was appointed director responsible for product design, Richard Woodhead was made director responsible for factory management, and Frank Bowden became chairman and managing director. Some shares were made available to small investors and local businessmen, but take-up was minimal, and Bowden ended up buying most of the public shares. He subsequently supplied virtually all the capital needed to expand the firm. When Frank Bowden got involved with the enterprise, the works comprised three small workshops and a greenhouse. As Woodhead, Angois and Ellis, the firm had expanded round the corner from Raleigh Street into Russell Street, where also stood Clarke's five-storey former lace factory. To enable further expansion of the business, Bowden financed the renting of this property and installation of new machinery. Under Bowden's guidance, Raleigh expanded rapidly. By 1891, the company occupied not only Clarke's factory but also Woodroffe's Factory and Russell Street Mills. In November 1892, Raleigh signed a tenancy agreement for rooms in Butler's factory on the other side of Russell Street. Shortly after this, the company also occupied Forest Road Mill. (Forest Road junctions with Russell Street at the opposite end from Raleigh Street.)
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