SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON DC 20549

                                  FORM 10-KSB/A

                                   (MARK ONE)

         |X| ANNUAL REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES
                              EXCHANGE ACT OF 1934.

                   FOR THE FISCAL YEAR ENDED DECEMBER 31, 2004

                                       OR

       |_| TRANSITION REPORT UNDER SECTION 13 OR 15 (D) OF THE SECURITIES
                             EXCHANGE ACT OF 1934.

                        FOR THE TRANSITION PERIOD FROM TO

                        COMMISSION FILE NUMBER 000-09459

                           NEW CENTURY COMPANIES, INC.
                           ---------------------------
                 (NAME OF SMALL BUSINESS ISSUER IN ITS CHARTER)

                 DELAWARE                                     0610345787
                 --------                                     ----------
(STATE OR OTHER JURISDICTION OF INCORPORATION)             (I.R.S. EMPLOYER
                                                           IDENTIFICATION NO.)

      9835 SANTA FE SPRINGS RD.
         SANTA FE SPRINGS, CA                                   90670
         --------------------                                   -----
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)                     (ZIP CODE)

                                 (562) 906-8455
                                 --------------
                (ISSUER'S TELEPHONE NUMBER, INCLUDING AREA CODE)

         SECURITIES REGISTERED UNDER SECTION 12(B) OF THE EXCHANGE ACT:

                                                      NAME OF EACH EXCHANGE
 TITLE OF EACH CLASS                                   ON WHICH REGISTERED
 -------------------                                   -------------------

         SECURITIES REGISTERED UNDER SECTION 12(G) OF THE EXCHANGE ACT:

                          COMMON STOCK, PAR VALUE $0.10
                                (TITLE OF CLASS)

                                (TITLE OF CLASS)


<PAGE>

Check if there is no disclosure of delinquent filers in response to Item 405 of
Regulation S-B is not contained in this form, and no disclosure will be
contained to the best of Company's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-SKB. |X|

State issuer's revenue for its most recent fiscal year: $4,605,813.

The aggregate market value of the voting and non-voting common equity held by
non-affiliates on March 31, 2005 was approximately 5,208,987 based on the
average bid and ask price on March 31, 2005. As of March 31, 2005 there were
7,292,321 shares of common stock issued and outstanding.

ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE YEARS

Check whether the issuer has filed all documents and reports required to be
filed by Section 12, 13 or 15 (d) of the Exchange Act after the distribution of
securities under a plan confirmed by a court. Yes |X| No |_|

Transitional Small Business Disclosure Format (check one): Yes |_| No |X|


<PAGE>

                           NEW CENTURY COMPANIES, INC.
                                   FORM 10-KSB
                                      INDEX

<TABLE>
<CAPTION>
                                                                                    PAGE
<S>                                                                                <C>
PART I
Item 1.         Description of Business                                                 4
Item 2.         Description of Property                                                 7
Item 3.         Legal Proceedings                                                       7
Item 4.         Submission of Matters of a Vote of Security Holders                     7
PART II
Item 5.         Market for Company's Common Equity and Related
                Stockholder Matters                                                     7
Item 6.         Management's Discussion and Analysis or Plan of Operations             11
Item 7.         Financial Statements                                                   14
Item 8.         Changes in and Disagreements with Accountants on Accounting
                and Financial Disclosure                                               15
Item 8A.        Controls and Procedures                                                15
Item 8B.        Other Information
PART III
Item 9.         Directors and Executive Officers, Promoters and Control
                Persons; Compliance with Section 16(a) of the Exchange Act             16
Item 10.        Executive Compensation                                                 17
Item 11.        Security Ownership of Certain Beneficial Owners and Management
                and Related Stockholder Matters                                        19
Item 12.        Certain Relationships and Related Transactions                         19
Item 13.        Exhibits                                                               20
Item 14.        Principal Accountant Fees and Services                                 20
Signatures                                                                             21
Financial Statements                                                                  F-1
</TABLE>


<PAGE>

                                   SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act, the Company caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized.


                                 NEW CENTURY COMPANIES, INC.
Date: April 15, 2005             By: /s/ DAVID DUQUETTE
                                     David Duquette
                                     Chairman, President and Director

In accordance with the Exchange Act, this report has been signed below by the
following persons on behalf of the Company and in the capacities and on the
dates indicated.


Date: April 15, 2005             By: /s/ DAVID DUQUETTE
                                     David Duquette
                                     Chairman, President and Director



Date: April 15, 2005             By: /s/ JOSEF CZIKMANTORI
                                     Josef Czikmantori
                                     Secretary and Director