Livingston-based Shand Cycles says that it intends to more than double production of its hand-made bike frames within the next three years.

The manufacturer is currently working with Sir Chris Hoy on a new model for the seven-time Olympic champion; it has delivered two prototypes so far.

Founder Steven Shand has also commissioned a Scottish fashion designer to help develop a range of branded clothing and accessories to sell alongside its bikes, which cost between £2,500 and £4,000. He said: “We are hoping to launch the range in the first quarter of next year. Clothing will never be a huge deal for us in terms of revenue, but it is about ‘growing’ the brand.”

Shand Cycles won a £48,000 Edge award in July and now employs eight people. The company currently makes about 200 bikes a year, most of which are sold in the UK.

This includes the bespoke bikes that its founder began making in 2003, as well as the more recent addition of production bikes such as the Stoater. The company aims to be making 450 bikes annually by 2016, taking its annual sales to a projected £670,000.

After years of building bikes part-time while making his living as a computer programmer, Mr Shand teamed up with Russell Stout to establish the business in 2011. They operate from a workshop at Houston Industrial Estate and produce three main models that can be further customised on request.

Mr Shand said: “There is a bit of a renaissance in bicycles in general; it is a good sector to be in. Our customers really care about provenance; when they buy from us, it is a very personal sort of process.”