Securities and Exchange Commission
                             Washington, D. C. 20549

                                   FORM 10-QSB

[X]      QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
         ACT OF 1934

                  For the quarterly period ended March 31, 2001

[ ]      TRANSITION REPORT UNDER SECTION 14 OR 15(D) OF THE EXCHANGE ACT

             For the transition period from__________ to ___________


                     NEW CENTURY CAPITAL & CONSULTING CORP.
                    ----------------------------------------
                (Name of Registrant as specified in its charter)


                                       N/A
                       ----------------------------------
                           (Former Name of Registrant)

       Florida                             0-31269            65-0981179
       ---------                        ------------          -----------
(State or other jurisdiction of        (Commission File     (IRS Employer
 incorporation or organization)            No.)              Identification No.)



        2505 NW Boca Raton Boulevard, Suite 1A, Boca Raton, Florida 33431
        -----------------------------------------------------------------
         (Address and telephone number of principal executive offices)

Check whether the issuer has (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months, (or such
shorter period that the Registrant was required to file such report(s), and (2)
has been subject to such filing requirements for the past 90 days.

         Yes  (X )                  No   ( )

                      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:     March 31, 2001
                                               ----------------

           CLASS                                Outstanding at March 31, 2001
----------------------------                    -------------------------------
Common stock $.001 Par Value                             1,000,000

<PAGE>




                        NEW CENTURY CAPITAL & CONSULTING CORP.
<TABLE>
<CAPTION>

PART I:   FINANCIAL INFORMATION                                                          PAGE
                                                                                         ----

<S>                                                                                       <C>
               Balance Sheet as of March 31, 2001 (Unaudited)                              3

               Statement of Operations for the Three Months Ended March 31, 2001           4
               (Unaudited) and for the period January 13, 2000 (Inception)
               to March 31, 2000 (Unaudited)

               Statement of Cash Flows for the Three Months Ended March 31, 2001           5
               (Unaudited) and for the period January 13, 2000 (Inception)
               to March 31, 2000 (Unaudited)

               Notes to  Financial Statements                                              6

               (Unaudited) as of March 31, 2001

               Management Discussion and Analysis of Financial                             7
               Condition and Results of Operations


PART II:  OTHER INFORMATION & SIGNATURES

               Signatures                                                                  8
</TABLE>

                                       2
<PAGE>


                     New Century Capital & Consulting Corp.
                          (A Development Stage Company)
                                 Balance Sheets
<TABLE>
<CAPTION>

                                                                     March 31, 2001
                                                                      (Unaudited)            December 31, 2000
                                                                     --------------          -----------------
                                     Assets
                                     ------
<S>                                                                     <C>                        <C>
Cash                                                                    $  2,599                   $  2,285
                                                                        --------                   --------
Total Assets                                                               2,599                      2,285
                                                                        ========                   ========



                    Liabilities and Stockholders' Deficiency
                    ----------------------------------------

Liabilities
Accounts payable                                                           2,582                      2,663
Due to related party                                                         400                         --
                                                                        --------                   --------
Total Liabilities                                                          2,982                      2,663
                                                                        --------                   --------

Stockholders' Deficiency
Preferred stock, $0.001 par value, 5,000,000 shares
   authorized, none issued and outstanding                                    --                         --
Common stock, $0.001 par value, 25,000,000 shares
   authorized, 1,000,000 issued and outstanding                            1,000                      1,000
Additional paid-in capital                                                 8,841                      8,841
Deficit accumulated during development stage                             (10,224)                    (8,619)
                                                                        --------                   --------
                                                                            (383)                     1,222
Less subscriptions receivable                                                 --                     (1,600)
                                                                        --------                   --------
Total Stockholders' Deficiency                                              (383)                      (378)
                                                                        --------                   --------

Total Liabilities and Stockholders' Deficiency                          $  2,599                   $  2,285
                                                                        ========                   ========
</TABLE>


                 See accompanying notes to financial statements

                                       3
<PAGE>

                     New Century Capital & Consulting Corp.
                          (A Development Stage Company)
                            Statements of Operations

<TABLE>
<CAPTION>

                                                                                                        From
                                                                Three Months Ended                January 13, 2000
                                                    ------------------------------------------     (inception) to
                                                        March 31, 2001        March 31, 2000       March 31, 2001
                                                         (Unaudited)           (Unaudited)           (Unaudited)
                                                         -----------           -----------           -----------
<S>                                                      <C>                   <C>                   <C>
Revenues                                                 $        --           $        --           $        --
                                                         -----------           -----------           -----------
Expenses
Compensation expense                                              --                    --                   870
Consulting fees                                                   --                   170                 1,541
Bank charges                                                      47                    15                    92
Professional fees                                              1,558                 1,741                 7,721
                                                         -----------           -----------           -----------
Total Expenses                                                 1,605                (1,926)               10,224
                                                         -----------           -----------           -----------

Net Loss                                                 $    (1,605)          $    (1,926)          $   (10,224)
                                                         ===========           ===========           ===========

Net loss per common share - basic and diluted            $        --           $        --           $     (0.01)
                                                         ===========           ===========           ===========

Weighted average number of common shares
   outstanding - basic and diluted                         1,000,000               985,628               997,470
                                                         ===========           ===========           ===========
</TABLE>




                 See accompanying notes to financial statements


                                       4
<PAGE>

                     New Century Capital & Consulting Corp.
                          (A Development Stage Company)
                            Statements of Cash Flows
<TABLE>
<CAPTION>
                                                                                                     From
                                                              Three Months Ended                January 13, 2000
                                                       -----------------------------------      (inception) to
                                                       March 31, 2001      March 31, 2000       March 31, 2001
                                                        (Unaudited)          (Unaudited)          (Unaudited)
                                                       --------------      ---------------      ---------------
<S>                                                       <C>                  <C>                  <C>
Cash Flows from Operating Activities:
Net loss                                                  $ (1,605)            $ (1,926)            $(10,224)
Adjustment to reconcile net loss to net cash
  used in operating activities:
Stock issued for services                                       --                1,541                1,541
Contributed services                                            --                   --                3,000
(Decrease)  Increase in accounts payable                       (81)                  --                2,582
                                                          --------             --------             --------
Net Cash Used in Operating Activities                       (1,686)                (385)              (3,101)
                                                          --------             --------             --------

Cash Flows from Investing Activities:                           --                   --                   --
                                                          --------             --------             --------

Cash Flows from Financing Activities:
Proceeds from issuance of common stock                          --                3,700                3,700
Subscriptions receivable                                     1,600                   --                   --
Advances from related party                                    400                   --                2,000
                                                          --------             --------             --------
Net Cash Provided by Financing Activities                    2,000                3,700                5,700
                                                          --------             --------             --------

Increase in cash and cash equivalents                          314                3,315                2,599

Cash and cash equivalents at beginning of period             2,285                   --                   --
                                                          --------             --------             --------

Cash and Cash Equivalents at End of Period                $  2,599             $  3,315             $  2,599
                                                          ========             ========             ========
</TABLE>



                 See accompanying notes to financial statements


                                       5
<PAGE>


                     New Century Capital & Consulting Corp.
                          (A Development Stage Company)
                          Notes to Financial Statements

Note 1   Basis of Presentation
------------------------------

The accompanying unaudited financial statements have been prepared in accordance
with accounting principles generally accepted in the United States of America
and the rules and regulations of the Securities and Exchange Commission for
interim financial information. Accordingly, they do not include all the
information and footnotes necessary for a comprehensive presentation of
financial position and results of operations.

It is management's opinion, however, that all material adjustments (consisting
of normal recurring adjustments) have been made which are necessary for a fair
financial statements presentation. The results for the interim period are not
necessarily indicative of the results to be expected for the year.

For further information, refer to the audited financial statements and footnotes
for the period from January 13, 2000 (inception) to December 31, 2000 included
in the Company's Form 10-KSB.

Note 2   Due to Related Party
-----------------------------

During the three months ended March 31, 2001, a related party advanced $400 for
nominal corporate expenses.

Note 3   Subscription Receivable
--------------------------------

Subscriptions of $1,600 were paid during the quarter ended March 31, 2001.

Note 4   Going Concern
----------------------

As reflected in the accompanying financial statements, the Company is a
development stage company with no revenues and accumulated losses of $10,224
through March 31, 2001. The ability of the Company to continue as a going
concern is dependent on the Company's ability to further implement its business
plan and generate revenues. The financial statements do not include any
adjustments that might be necessary if the Company is unable to continue as a
going concern.

Management's plans are to continue to seek an acquisition or merger candidate.



                                       6

<PAGE>


MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS

THE FOLLOWING DISCUSSION OF THE RESULTS OF OUR OPERATIONS AND FINANCIAL
CONDITION SHOULD BE READ IN CONJUNCTION WITH OUR FINANCIAL STATEMENTS AND THE
NOTES THERETO INCLUDED ELSEWHERE IN THIS REPORT. EXCEPT FOR THE HISTORICAL
INFORMATION CONTAINED HEREIN, THE DISCUSSION CONTAINED IN THIS REPORT CONTAINS
"FORWARD-LOOKING STATEMENTS" THAT INVOLVE RISK AND UNCERTAINTIES. THESE
STATEMENTS MAY BE IDENTIFIED BY THE USE OF FORWARD-LOOKING TERMINOLOGY SUCH AS
"BELIEVES," "EXPECTS," "MAY," "WILL," "SHOULD" OR "ANTICIPATES" OR THE NEGATIVE
THEREOF OR SIMILAR EXPRESSIONS OR BY DISCUSSIONS OF STRATEGY. THE CAUTIONARY
STATEMENTS MADE IN THIS REPORT SHOULD BE READ AS BEING APPLICABLE TO ALL RELATED
FORWARD-LOOKING STATEMENTS WHEREVER THEY APPEAR IN THIS REPORT. OUR ACTUAL
RESULTS COULD DIFFER MATERIALLY FROM THOSE DISCUSSED IN THIS REPORT.

Results of Operations

For the three months ended March 31, 2001 the Company has not generated any
revenues. Management's efforts to date have been devoted to the filing of the
Company's registration statement. Management intends to focus on prospective
business opportunities to effect a merger, exchange of capital stock, asset
acquisition or other similar business combination . The Company has incurred
operating losses to date of $10,224 and will continue to incur losses until such
time as an acquisition candidate is identified and, even if successful in
acquiring a business or consummating a business combination, there can be no
assurance that this business will be profitable.

Liquidity and Capital Resources

The Company has a total of $2,599 in cash and $2,982 in liabilities. The
investigation of prospective business candidates will involve the expenditure of
capital. The Company's officer has indicated that he will advance funds to
assist the company in its efforts to evaluate business opportunities. However,
he has not given a definitive commitment regarding the amount of capital he will
commit nor can there be any assurances that the amount of capital to be
committed will be sufficient to conclude a business combination.


                                       7
<PAGE>


PART II.  OTHER INFORMATION AND SIGNATURES


                                   SIGNATURES

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

New Century Capital & Consulting Corp.


 /s/ Mark Colacurcio
------------------------------------
BY:  Mark Colacurcio,  president

Dated: This 15th day of May 2001



                                       8