The Neat Cleat offers what you've been asking for, a retractable cleat with a thin profile that installs easily in narrow gunwales. Installation is simple and quick, it can cut your labour cost! Just drill twice with an appropriate hole saw. Drainage receptacles (included) press-fit onto the threaded studs to capture moisture and send it to the bilge. The receptacle outlet is sized for standard 1/4" hose (not included) so you can use parts from existing inventory.

Features:

Attractive, strong and durable, each stanchion is a 7/8" rod of solid enhanced #316 Stainless Steel

The friction springs holds the cleat up at any position and makes sure it stays up when pulled up

Over 500,000 in use worldwide

Backed by a Lifetime Warranty against corrosion

Has a neat, continuous contour to prevent snags and stubbed toes

Other Details:

Diagram A Total Length: 150mm
Diagram B Total Width: 38mm
Diagram C Above Deck Lowered: 12.7mm
Diagram D Above Deck Raised: 41mm
Diagram E Line Opening: 31mm
Diagram F Between Stanchions: 50mm
Diagram G Thread Length: 44mm
Diagram H Install. Depth: 79mm
Installation: Hole Saw Size / Max. Hull Thickness: 25mm