U.S. SECURITIES AND EXCHANGE COMMISSION
                                  Washington, DC  20549

                                      FORM 10-QSB/A

               (Mark One)

               xQuarterly report  under  Section  13,  or  15  (d)  of  the
          Securities Exchange Act of 1934

               For the quarterly period ended September 30, 1999

               oTransition report  under  Section  13  or  15  (d)  of  the
          Exchange Act

               For  the   transition   period  from   ________________   to
          _________________

               Commission file number          0-12122


                                 WINCROFT, INC.
          (Exact Name of Small Business Issuer as Specified in Its Charter)


                         Colorado                             84-0601802
               (State or Other Jurisdiction of         (I.R.S. Employer
                Incorporation or Organization)          Identification No.)

                  Elthorne Gate, 64 High Street, Pinner, Middlesex HA5 5QA
                      (Address of Principal Executive Offices)

                                             011 44 81 429 7300
                  (Issuer's Telephone Number, Including Area Code)


           (Former Name, Former Address and Former Fiscal Year, if Changed
                                 Since Last Report)


               Check whether the issuer: (1) filed all reports required  to
          be filed by Section  13 or 15(d) of  the Exchange Act during  the
          past 12 months (or  for such shorter  period that the  registrant
          was required to file such reports),  and (2) has been subject  to
          such filing requirements for past 90 days.
          xYes oNo
                         APPLICABLE ONLY TO ISSUERS INVOLVED IN
                            BANKRUPTCY PROCEEDINGS DURING THE
                                  PRECEDING FIVE YEARS

               Check whether the registrant 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.
          oYes oNo

                          APPLICABLE ONLY TO CORPORATE ISSUERS

               State the  number  of  shares outstanding  of  each  of  the
          issuer's classes of common equity,  as of the latest  practicable
          date: 5,140,100 common stock, no par value.


          <PAGE>
                                     WINCROFT, INC.
                                   and subsidiary

                                        I N D E X


                                                           Page No.

          Part I         FINANCIAL INFORMATION:

                    Item 1.        Condensed Balance
                              Sheets                             3

                              Condensed Statements of
                              Operations                         4

                              Condensed Statements of
                              Cash Flows                         5

                              Notes to Condensed
                              Financial Statements
                              (unaudited)                        7

                    Item 2.   Management's Discussion
                              and Analysis of Financial
                              Condition and Results of
                              Operations                         7

          Part II        OTHER INFORMATION                       8
          <PAGE>

                              WINCROFT, INC. and subsidiary
                             PART I.   FINANCIAL INFORMATION

          Item 1.  Financial Statements

                               CONSOLIDATED BALANCE SHEETS

                                         ASSETS
           <TABLE>
          <S>                                     <C>                 <C>

                                                September 30, 1999
                                               (Unaudited)        (Audited)

           Current Assets:
           Cash                               $      348          $   6,491

           Property and equipment
            Leasehold improvements                     -             26,370
            Computer equipment                         -            118,813
            Other                                                         -

                                                       -            207,362

           Less Accumulated Depreciation               -             41,473
                                                     348            165,889

             Total  Assets                     $     348          $ 172,380

                          LIABILITIES AND STOCKHOLDERS' EQUITY

          LIABILITIES AND STOCKHOLDERS' EQUITY
          Current liabilities
             Bank overdraft                    $       -         $   10,185
             Accounts payable                      3,046             25,078
             Loan payable-related party                -             68,656

          TOTAL LIABILITIES                    $   3,046         $  103,919

          Stockholders' Equity (Deficit):
            Common stock no par value,
              75,000,000 shares
              authorized;  5,140,100 and
              5,140,100 shares issued
              at September 30, 1999 and
              March 31, 1999, respectively        10,280             10,280
            Preferred Stock 25,000,000
              authorized $.01 par value
              5,000 and 5,000 issued at
              September 30, 1999 and
              March 31, 1999, respectively            70                 70
          Additional paid in capital           1,168,082          1,168,082
           Retained Earnings (Deficit)        (1,108,837)         (1,108,838)

          Less treasury stock, 7,496,223
              shares at cost                     (1,133)            (1,133)
                                                 (2,698)             68,461

                                               $     348          $172,380
          </TABLE>
          See accompanying notes to these financial statements.
          <PAGE> 3

                            WINCROFT, INC. and subsidiary
                        CONSOLIDATED STATEMENTS OF OPERATIONS
                                     (UNAUDITED)
       <TABLE>
       <S>                         <C>           <C>    <C>         <C>
                                   Three Months Ended    Six Months Ended
                                     September 30,          September 30,


                                   1999         1998    1999       1998


       Sales                       $   0    $10,224  $  -     $10,224

       Cost of Sales                   -         -      -          -

       Gross Profit                    -         -      -          -


       Operating Expenses:
        Administrative expenses    (1,674)  (18,750)(1,161)   (22,751)

         Total Operating Expenses  (1,674)  (18,750)(1,161)   (22,751)

       Loss from write down of property
        and equipment                  -         -  (161,647)      -
       Gain on disposal of subsidiary  -         -    89,325       -
       Realized Loss on Sale of
          Securities                   -    (10,020)    -     (10,020)

       Net Income (Loss)           (1,674)  (18,546)(71,659)  (22,547)

       Net Income (Loss) per share*         *       *(0.14)        *

       Weighted Average Number of 5,140,1005,140,100 5,140,100 5,140,100
         Shares outstanding

       *less than (.01) per share

       </TABLE>

       See accompanying notes to these financial statements.
       <PAGE> 4
                            WINCROFT, INC. and subsidiary
                        CONSOLIDATED STATEMENTS OF CASH FLOWS
                                     (UNAUDITED)
       <TABLE>
       <S>                                            <C>         <C>
                                                 Six Months Ended
                                                   September 30,

                                                    1999         1998

       CASH FLOWS FROM OPERATING ACTIVITIES:
        Net income (loss)                           $(71,159) $(22,547)
        Adjustments to reconcile net income (loss)
           to net cash from operating activities:
        Write-off of property and equipment         161,647
        Disposal of subsidiary                      (86,773)
        Depreciation and amortization                   -          -
        (Gain) loss on disposal of assets               -     10,020
        Foreign Currency                                -        389
        Change in assets and liabilities:
          Accounts receivables and Prepaids             -     (3,944)
          Taxes                                         -        460
          Accounts payable and accrued expenses
           Net cash used by operating activities

       CASH FLOW FROM INVESTING ACTIVITIES:
        Loan Receivable                                 -     (10,988)
        Purchases of property and equipment             -     (2,975)
        Sales or Purchases of marketable securities

         Net cash used by investing activities

       CASH FLOW FROM FINANCING ACTIVITIES:
        Decrease in cash overdraft                    441
        Net cash provided (used) by financing activities

      NET INCREASE (DECREASE) IN CASH               (348)      7,455

      CASH AT BEGINNING OF PERIOD                       -     16,588

      CASH AT END OF PERIOD                        $  348    $24,043

      SUPPLEMENTAL INFORMATION:
        Cash paid for interest                     $    -    $     -
       </TABLE>
       <PAGE>  5
                            WINCROFT, INC. and subsidiary
                           SCHEDULE OF NONCASH ACTIVITIES
                                     (UNAUDITED)
                                   (IN THOUSANDS)
       <TABLE>
       <S>                                             <C>       <C>
                                                     Six Months Ended
                                                      September 30,
                                                      1999          1998

          During the period, Wincroft settled
          an outstanding note payable by the
          issuance of $2,000,000 of Preferred
          Stock.                                       -         $2,000,000

       </TABLE>
       <PAGE> 6
                             WINCROFT, INC. and subsidiary

                         NOTES TO CONDENSED FINANCIAL STATEMENTS
                                       (UNAUDITED)



          Financial Statements

          The  accompanying  unaudited   financial  statements  have   been
          prepared in accordance with the  instructions to Form 10-QSB  and
          do not include all of the  information and footnotes required  by
          generally accepted accounting  principles for complete  financial
          statements.

          In the  opinion of  management,  all adjustments  (consisting  of
          normal  recurring  accruals)  considered  necessary  for  a  fair
          presentation have been included.  These statements should be read
          in conjunction with  the audited financial  statements and  notes
          thereto included in the Registrant's  annual Form 10-KSB for  the
          year ended March 31, 1999.

          The Company ceased operating its United Kingdom subsidiary.   The
          subsidiary has been sold  for nominal consideration.   A gain  of
          $89,325 is being  recognized on  the disposal  of the  subsidiary
          since the liabilities of the  subsidiary exceeded its net  assets
          and the Company's investment in the subsidiary.

          The Company also  determined that it  may not  recover any  value
          from  its  property  and  equipment.    Therefore,  property  and
          equipment is being written off with a loss of $161,647  reflected
          in the statement of operations.

          Item 2.Management Discussion and Analysis of Financial  Condition
          and Results of Operations

          The Company ceased operating its United Kingdom subsidiary.   The
          subsidiary has been sold  for nominal consideration.   A gain  of
          $89,325 is being  recognized on  the disposal  of the  subsidiary
          since the liabilities of the  subsidiary exceeded its net  assets
          and the Company's investment in the subsidiary.

          The Company also  determined that it  may not  recover any  value
          from  its  property  and  equipment.    Therefore,  property  and
          equipment is being written off with a loss of $161,647  reflected
          in the statement of operations.

          There were  no revenues  for  the period.    The Company  is  now
          seeking merger opportunities.

          Liquidity and Capital Resources

          The Registrant has  met its  shortfall of  funds from  operations
          during  prior  periods  by  the   sale  of  its  majority   owned
          subsidiaries assets,  and by  borrowing  from its  Directors  and
          companies affiliated  with  its  Directors.   Net  cash  used  by
          operating activities for  the three  months was  $93 ($11,562  in
          1998). Net cash used by investing  activities was $0 ($19,017  in
          1998) and provided by financing activities was $441 ($0 in 1998).
          <PAGE> 7
          The Registrant's present needs for liquidity principally  relates
          to its obligations  for its  SEC reporting  requirements and  the
          minimal requirements  for  record  keeping.  The  Registrant  has
          limited liquid assets available for its continuing needs.  In the
          absence of any additional  liquid resources, the Registrant  will
          be faced with cash flow problems.

                            PART II  -  OTHER INFORMATION


          Item 6.Exhibits and Reports on Form 8-K.

                 (a)     Exhibits:

                    (1)  Articles of Incorporation:    Incorporated      by
          reference to
                                             Registration Statement filed
                                             on Form 10, May 10, 1984;
                                             File No.  0-12122

                    (2)  Bylaws:             Incorporated by reference as
                                             immediately above.


                    (b)  Reports on Form 8-K


                                     SIGNATURES


          Pursuant to the  requirements of the  Securities Exchange Act  of
          1934, the Registrant has duly caused this report to be signed  on
          its behalf by the undersigned thereto duly authorized.




                                         WINCROFT, INC.
                                             (Registrant)



                                        By:  /s/ Jason Conway
                                           JASON   CONWAY, PRESIDENT




          Date: November 15, 1999





























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