After a few miles I converted this to a retro/mod 18 speed Shimano STI set-up before transforming it into this.

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Frame & Fork: late 1980s 59cm Raleigh 18-23 tubing (powdercoated RAL 5015)
Headset: vintage chromed YST 1″ threaded
Stem: vintage SR Custom (powdercoated black)
Handlebar: unknown vintage steel drops (powdercoated to match frame)
Bar Tape: Cinelli LTD edition
Brake Levers: Tektro RL 340 (new)
Front Brake: Promax dual pivot (new)
Rear Brake: vintage Weinmann 500
Brake Pads: Promax cartridges with Superstar pads (new)
Brake Cables: Shimano M:System (new)
Freewheel: DNP 16 tooth
Chain: KMC gold 1/8″ (new)
Cranks: Truvativ Elita 175mm (new)
Chainring: Stronglight 42 tooth (new)
Bottom Bracket: Truvativ GXP (new)
Pedals: Wellgo with toe clips & straps
Front Rim: Alex Rims DA22
Rear Rim: Weinmann (new)
Front Hub: Formula QR with vintage Sachs skewer
Rear Hub: Quando solid flip-flop with track nuts and 16t fixed cog (new)
Spokes: Stainless steel (new on rear)
Tyres: IRC Road Tour 700 x 28c (NOS)
Saddle: Charge Spoon (new)
Seatpost: Kalloy (new)
Seatpost Binder: chromed bolt-up (new)
Bottle Cage: unknown
Weight: 23.5lb