Ricky Feather, the founder of custom steel frame company Feather Cycles, has announced that he will build just 50 more bikes before closing the business, citing increasing financial pressures and the impact of cancelled orders as the key factors behind his decision.
Feather, a former BMX racer, has run the Yorkshire-based company on his own since 2009, hand building premium, custom steel and stainless steel frames and bikes, winning a host of Bespoked awards while also establishing the WKNDR brand, focusing on more entry-level custom machines.
But in a video posted on Feather Cycles’ website this week, Feather has revealed that the financial and personal strain of running the business – a serious back injury in the wake of the Covid pandemic meant he was unable to work at the same pace as before – has prompted him to call time on the company, as he claims he could currently earn more money “as a Deliveroo driver”.
Bespoked Bristol 2022 feather cycles head tube (credit: road.cc)
However, Feather – who noted that Feather Cycles “has been almost my entire adult life” – says he is determined to “go out on a high”, and has pledged to spend the next two and a half years building 50 “final” bikes, which he is currently taking orders for on a first come, first served basis, and which he expects to complete by September 2027.
“I’ve decided I’m going to call time on Feather Cycles, but not just yet. The plan is I’m going to build 50 cycles, then that’ll be it,” the York frame builder said in the video.
“It’s not a conclusion I’ve come to overnight, but is based on months of thinking about the future of the business and what I’ve done over the years.
“It was never my intention to become a frame builder, but it was a way out of the factories and over the years I’ve built some incredible bikes.
“It’s insane what I’ve achieved, the people I’ve worked with, the places I’ve been, and the awards I’ve achieved. Things like that don’t happen to kids from council estates, or that’s how I felt.”
Feather Cycles custom frame head tube (credit: Feather Cycles)
However, Feather says his business, and his enthusiasm for it, has been damaged in recent years by customers cancelling orders, sometimes without even telling him, leaving him with a half-built custom frame, or failing to pay their invoices.
Last September, we reported that Feather was forced to heavily discount a custom frame after he started building it for someone he knew, only for them to subsequently back out of the purchase – the third time in 2024 he said he was “left completely stuffed” by a customer.
“This frame is a perfect example of why around two years ago I was forced into a corner to not start any work without full payment for fabrication,” he wrote at the time on social media. “It was a decision I didn’t take lightly as I really feared it would affect business.
“The decision came after I was left broke three Christmases in a row due to customers not paying invoices on completion of their frame.”
Speaking in the video posted on his site this week, Feather said: “Over the last couple of years, things have become increasingly difficult – not just because of the current climate in the bike industry and people watching their money a little bit more. The orders have been trickling in and I feel more fortunate than I know a lot of people are,” he said.
“The problem is quite of the few of the orders I’ve taken over the last few years have unfortunately seen the customers not paying their invoices, or they’ve disappeared altogether and cancelled their orders.
“It’s always disappointing when someone pulls out after you’ve put the time into building the bike. I’m fully committed to what I do, and it’s never nice when people let you down.”
He continued: “Feather Cycles doesn’t feel like what it once was. My passion for building bikes is as great as ever, but my energy for running a small business is burning out.
“Already small margins seem to be getting even smaller. Getting work is increasingly more difficult and time consuming. I am always happy to put in work and never take it for granted that I will get the job, but it has become far more common place to be led down the garden path to find no fruit tree at the end of it.
“I must soon legally register for VAT, meaning I have no choice but to add 20 per cent to the cost of my frames at a time when so many want so much for so little, nor do they want to wait in a queue.”
ricky feather race frame (credit: road.cc)
Reflecting on the struggles associated with running a small bike business, the York frame builder said: “All I want is to make a living, but once a business gets to a certain size, the system just doesn’t lean in your favour.
“As a craftsman, you’re stuck between a rock and a hard place. There is no room for expansion, it isn’t scalable, no one else can build a Feather. I wouldn’t want them to, but also, if they’re close to being capable, they’re already giving it a go themselves.
“I’m at the point of my life where I just want to be able to pay my bills. It’s never been my intention to make a tonne of money, I’m not naïve. And I know the bike industry doesn’t make people rich. But it’s got to the point where I’m barely scraping a living, and at 40-years-old you want more for yourself and your family.”
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He continued: “I’m super proud of what I’ve achieved over the past 16 years. I’ve got hundreds more bikes in me, I’m just not sure if I have hundreds more months not knowing if I have enough money for the mortgage or not.
“And ultimately, when you’re so good at what you do, that shouldn’t be the case. I could earn more money as a Deliveroo driver, than I do being one of the best at my craft.”
Despite stepping away, both “for my own wellbeing and for that of those around me”, Feather insists he will go out on his own terms, and is currently taking deposits for the “Final 50”, bikes that will range between £11,000 and £16,000.
“My plan is to go out on a high. I want to build the best 50 bikes I’ve ever built, for people who really appreciate what I do,” he said.
“I think now is the time to call it – to give me the opportunity to see through what I set out to do in the first place, work with great people, build some great bikes, and do things on my terms.”
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14 comments
Feather isn't primarily citing a lack of demand like many comments here are suggesting, lamenting a changing industry.
Without seeing the Feather business records its unfair to speculate on the veracity of claims about struggling to pay a mortgage or earning more at Deliveroo. But such claims don't add up unless his costs are huge and profit margin is sub 5%....
Back of envelope calculations, using the 11-16k price/bike in the article, 50 units over two years, take 20% off for VAT, another 20% for corporation tax, that's £382-555k to cover expenses, leaving whatever profit is left for his salary.
A Deliveroo driver will get £12.21/hour for the hours they can get, with tax on top of that. If you somehow managed 35 hours a week every week/year that's £22k pre tax.
Feathers profit margin on those 50 bikes would need to be less than 4% or so to make the Deliveroo job more profitable. Its poor taste to compare his incredible skills and fortune to own a business in a field he is passionate about to a worker on minimum wage, zero-hour contact and no transferable skills.
TL:DR maybe he's just winding up his business and is spinning a yarn to generate attention for his final run of frames. Good on him.
If he's not charging VAT yet then it would appear he's making well under 25 bikes per year currently. 8 full builds at 10-15k would send you over the threshold, as would 20 bare frames, give or take, after paint and options
I never pay attention to Facebook suggestions/ads, but the very beautiful and clever split frame design in a Feather Cyles post caught my eye. It would be ideal for a tandem, if only I could convince other half to ride bikes again. But in true FB style the post then vanished after looking at the photos. But luckily I had noticed and recalled the name. Sad to learn what is happening to Feather Cycles and how bad customers undermined things.
See the whole bike here
How can anybody reject the beauty of that?
It's a wonderful mix of modern tech yet absolutely functional.
Custom bikes used to be for life.
Fashion and built in obsolescence has killed that.
Mass produced yet extremly expensive anonymous carbon frames have ripped the soul out of many custom builders.
That incredible skill and opportunity to purchase one-off beautiful bikes will be lost forever and cycling will be much poorer because of it.
They were for life because until very recently road cycling was ossified and rejected progress. So nothing ever really changed. Modern bikes are so much better for progress and innovation.
Feather bikes just caught my eye as it happened, because of clever new ways of building a full sized bike that disassembled.
So he was being innovative and not ossifying then? Make your mind up!
Framebuilders have to build something they can kit out and that is driven by what the market provides.
But I think there is a significant difference between your consideration of "ossification" and the reality of not changing something that is actually mechanically very efficient and sound:
Do these changes really benefit the real needs of many cyclists or do they just provide a route to extort more from the majority of sheep that must have the latest, lightest, flashest, widget bestowed bike. All of these improvments have seen the base prices creep up.
Those sheeple are probably the same peple that must have the latest Audi/BMW/Mercedes but perhaps are not convinced to buy into a crafted beautiful machine. It's purely marketing and many are suckered into it.
I always consider the irony of Spinal Tap and the amp going up to 11 when people blather on about tech improvements in cycling!
Why do the Dutch ride the same basic bike they always have? It just works.
As Eddy said - "Don't buy upgrade ride upgrades"
Buy the hand crafted tailored steel frame, a thing of beauty that has been built especially for you, to fit your body and to fulfill your desires, and hope that obsolescence allows you to ride it for your lifetime.
I have to disagree with you on the gravel bike argument. I bought a gravel bike initially for commuting, and it has given me a whole new outlook on cycling. I can ride along canal tracks and woodland paths on a bike which none of my other bikes would be able to do, because it would destroy them.
I was initially of the opinion that gravel bikes were another of 'the latest fad', but I firmly believe that if you could only have one bike, then it should be a gravel bike because it really can do everything. I can happily ride a 60 mile gravel ride, and the following week do an 80 mile road ride, plus i can work a route out using roads, interspersed with gravel tracks to make up a really interesting and enjoyable loop.
I still have my custom Hewitt bike, bought in 2008, ridden around 70,000 miles on it and still looking like new. If you buy a quality item and look after it, it should last you a lifetime.
Many modern cyclists don't have the mindset to appreciate the beauty in a custom built frame, they would much rather spend thousands on an anonymous matt black carbon bike, with black wheels, black logos etc. Costs thousands but look bland.
It's a real shame, his bikes seem incredible, I've dreamt of owning one for a long time. Really sad that he's had customers let him down repeatedly, I guess in his situation he's quite vulnerable to that. Unfortunately, I think the number of people who can spend £10k+ on a bike, especially one with a long lead time, is quite reduced from what it was 10 years ago.
I came to say the same thing. Unfortunately even with 50 more bikes to come it seems unlikely that I will get together the required money in the next couple of years. If I win the Euromillions tonight I will give him a ring on Monday though!
If I was spending that kind of money it would be on a top end Colnago all day long.
amazing builder, sad loss
It's sad when being very good at your job - any job - isn't enough to earn a decent living. It shouldn't be that way.
Seems like a smart, honest decision to step out of it.