<PAGE>   1


                    U.S. SECURITIES AND EXCHANGE COMMISSION
                            Washington, D. C.  20549
                                  FORM 10-QSB
 (Mark One)

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

                 For the quarterly period ended June 28, 1997

    [ ]          TRANSITION REPORT UNDER SECTION 13 OR 15(d)
                 OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from                          to 
                               ------------------------    --------------------

Commission file number    0-25528
                      -----------

                              ENVIROQ CORPORATION
       (Exact name of small business issuer as specified in its charter)

             Delaware                                        59 -3290346
----------------------------------------                  -------------------
 (State or other jurisdiction of                           (I.R.S. Employer
 incorporation or organization)                           Identification No.)
                                                        
  3918 Montclair Road, Suite 206                        
        Birmingham,  Alabama                                     35213    
----------------------------------------                  ------------------- 
(Address of principal executive offices)                       (Zip Code)

                    Issuer's telephone number: (205)870-0588
                                              --------------

                                      N/A
--------------------------------------------------------------------------------
  (Former name, former address and former fiscal year, if changed since last
                                    report)

         Check whether the issuer: (1) has 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 the past 90 days.

                             YES    X     NO 
                                 -------     -------

         State the number of shares outstanding of each of the issuer's classes
of common equity, as of the latest practicable date:

Common Stock, par value $0.01                                 1,009,377
-----------------------------                         --------------------------
          (Class)                                         (Number of Shares)



          Transitional Small Business Disclosure Format (Check one):
                                Yes [ ]      No [x]
<PAGE>   2

                      ENVIROQ CORPORATION AND SUBSIDIARIES

                           FORM 10-QSB  June 28, 1997



<TABLE>
<CAPTION>
                  ITEM                                                                                                 PAGE
                  ----                                                                                                 ----
<S>                                                                                                                    <C>
CONSOLIDATED CONDENSED BALANCE SHEETS -
         JUNE 28, 1997 AND MARCH 29, 1997                                                                               3

CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS-
         THREE MONTHS ENDED JUNE 28, 1997 AND JUNE 29, 1996                                                             5


CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS -
         THREE MONTHS ENDED JUNE 28, 1997 AND JUNE 29, 1996                                                             6

NOTES TO CONSOLIDATED CONDENSED FINANCIAL STATEMENTS                                                                    7

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
         AND RESULTS OF OPERATIONS                                                                                     10

PART II - OTHER INFORMATION                                                                                            12

SIGNATURES                                                                                                             14
</TABLE>





                                       2
<PAGE>   3
ENVIROQ CORPORATION

CONSOLIDATED CONDENSED BALANCE SHEETS (UNAUDITED)
-------------------------------------------------------------------------------
<TABLE>
<CAPTION>
                                                                June 28,        March 29,
                                                                 1997             1997
                                                             -------------  -------------
<S>                                                          <C>            <C>        
ASSETS

CURRENT ASSETS:
   Cash and cash equivalents                                 $ 2,431,883    $ 2,379,613
   Accounts receivable (no allowance considered necessary)       260,915        314,772
   License fees receivable                                           930            930
   Inventories                                                    88,527         52,830
   Notes Receivable                                               22,065             --
   Refundable Income Taxes                                       106,030        101,147
   Prepaid expenses and other assets                               4,500         23,564
                                                             -----------    -----------
        Total current assets                                   2,914,850      2,872,856
                                                             -----------    -----------

OTHER ASSETS:
   Employee notes receivable                                      13,819         13,819
        Total other assets                                        13,819         13,819

PROPERTY, PLANT AND EQUIPMENT, at cost
   Land                                                          310,135        310,135
   Operating equipment                                            25,563         25,563
   Other equipment and vehicles                                   40,241         40,241
                                                             -----------    -----------
                                                                 375,939        375,939
   Less accumulated depreciation                                 (48,124)       (45,506)
                                                             -----------    -----------
       Property, plant and equipment, net                        327,815        330,433
                                                             -----------    -----------
TOTAL ASSETS                                                 $ 3,256,484    $ 3,217,108
                                                             ===========    ===========
</TABLE>

          See accompanying notes to consolidated financial statements

                                       3
<PAGE>   4

ENVIROQ CORPORATION

CONSOLIDATED CONDENSED BALANCE SHEETS (UNAUDITED)
================================================================================
<TABLE>
<CAPTION>
                                                            June 28,        March 29,
                                                              1997           1997
                                                       ----------------  -------------
<S>                                                      <C>            <C>
LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES
   Accounts payable and accrued expenses                 $   136,823    $    69,292
   Salaries, wages and related taxes                          18,335         18,824
   Income taxes payable                                          958            958
                                                         -----------    -----------
      Total current liabilities                              156,116         89,074
                                                         -----------    -----------

COMMITMENTS AND CONTINGENCIES (Note 3)

STOCKHOLDERS' EQUITY
   Common stock (par value $.01 per share),  
   authorized 10,000,000 shares, issued 
   and outstanding 1,009,377 shares                           10,094         10,094
   Additional paid-in capital                              6,190,647      6,190,647
   Accumulated deficit                                    (3,100,373)    (3,072,707)
                                                         -----------    -----------
          Total stockholders' equity                       3,100,368      3,128,034
                                                         -----------    -----------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY               $ 3,256,484    $ 3,217,108
                                                         ===========    ===========
</TABLE>



          See accompanying notes to consolidated financial statements

                                       4
<PAGE>   5

ENVIROQ CORPORATION

CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS
================================================================================
                      (ALL PERIODS UNAUDITED)
<TABLE>
<CAPTION>
                                      THREE MONTHS ENDED
                                 ------------------------------
                                      JUNE 28,     JUNE 29,
                                        1997        1996
<S>                                 <C>          <C>      
REVENUES                            $ 313,486    $ 324,567

COST OF REVENUES                      201,191      181,729
                                    ---------    ---------
GROSS PROFIT                          112,296      142,838
                                    ---------    ---------

SELLING, GENERAL AND
ADMINISTRATIVE EXPENSES               176,806      149,364
                                    ---------    ---------

LOSS FROM OPERATIONS                  (64,511)      (6,526)
                                    ---------    ---------

OTHER INCOME                           31,960       39,874
                                    ---------    ---------

INCOME (LOSS) BEFORE INCOME TAXES     (32,550)      33,348
                                    ---------    ---------

INCOME TAX (BENEFIT)                   (4,883)          --
                                    ---------    ---------

NET INCOME (LOSS)                   $ (27,667)   $  33,348
                                    =========    =========

NET INCOME (LOSS) PER
SHARE                               $   (0.03)   $    0.03
                                    =========    =========
</TABLE>




          See accompanying notes to consolidated financial statements

                                       5

<PAGE>   6
ENVIROQ CORPORATION

CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED)
================================================================================
<TABLE>
<CAPTION>
                                                                    THREE MONTHS ENDED
                                                               ----------------------------
                                                               JUNE 28, 1997  JUNE 29, 1996
<S>                                                             <C>            <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
   Net loss                                                     $   (27,667)   $    33,348
   Adjustments to reconcile net loss to net cash
     used in operating activities:
       Depreciation                                                   2,618          1,612
       Amortization                                                      --          4,497
       Changes in assets and liabilities provided (used) cash        82,202     (1,297,956)
                                                                -----------    -----------
          Net cash provided by (used in) operating activities        52,270     (1,258,499)
                                                                -----------    -----------
CASH FLOWS FROM INVESTING ACTIVITIES:

          Net cash used in investing activities                          (0)            (0)
                                                                -----------    -----------

CASH FLOWS FROM FINANCING ACTIVITIES                                     --             --


NET INCREASE (DECREASE) IN CASH AND
   CASH EQUIVALENTS                                                  52,270     (1,258,499)
                                                                -----------    -----------

CASH AND CASH EQUIVALENTS AT
   BEGINNING OF PERIOD                                            2,379,613      3,628,990

CASH AND CASH EQUIVALENTS                                       -----------    -----------
   AT END OF PERIOD                                             $ 2,431,883    $ 2,370,491
                                                                ===========    ===========

</TABLE>


     See accompanying notes to consolidated condensed financial statements


                                       6
<PAGE>   7
ENVIROQ CORPORATION

NOTES TO CONSOLIDATED CONDENSED FINANCIAL STATEMENTS (UNAUDITED)

Note 1 - MANAGEMENT'S REPRESENTATION

The accompanying unaudited consolidated condensed financial statements have
been prepared in accordance with generally accepted accounting principles for
interim financial information and with the instructions for Form 10-QSB.
Accordingly, they do not include all of the information and footnotes required
by generally accepted accounting principles for complete financial statements.
These unaudited financial statements include all adjustments, consisting of
normal recurring accruals, which Enviroq Corporation considers necessary for a
fair presentation of the financial position and the results of operations for
these periods.

The results of operations for the three months ended June 28, 1997 are not
necessarily indicative of the results to be expected for the full year ending
March 28, 1998.  For further information, refer to the financial statements and
footnotes thereto included in the Company's Form 10-KSB for the year ended
March 29, 1997, as filed with the Securities and Exchange Commission.

Note 2 - GENERAL

A.  Company Information

    Enviroq Corporation, a Delaware corporation (the "Company"), was
    incorporated on February 9, 1995.  At the time of its incorporation, the
    Company was a wholly-owned subsidiary of a Delaware corporation formerly
    named Enviroq Corporation ("Old Enviroq").  Prior to April 18, 1995, the
    Company was named New Enviroq Corporation ("New Enviroq").  On April 18,
    1995, Old Enviroq distributed all of the issued and outstanding capital
    stock of New Enviroq to the holders of the common stock of Old Enviroq (the
    "Distribution").  Following the Distribution, the Company changed its name
    from New Enviroq Corporation to Enviroq Corporation.

    The Company's principal executive office is located at 3918 Montclair Road,
    Suite 206, Birmingham, Alabama 35213, and its telephone number is (205)
    870-0588.  The Company's mailing address is P. O. Box 130062, Birmingham,
    Alabama 35213.

    The Company is principally engaged in the development, commercialization,
    formulation and marketing of spray-applied resinous products, and in the
    treatment of municipal wastewater biosolids.  The Company's operations are
    conducted primarily through Sprayroq(R), Inc., a Florida corporation
    ("Sprayroq"), and through Synox(R) Corporation, a Delaware corporation and a
    wholly-owned subsidiary of the Company ("Synox").  The Company owns 50% of
    the outstanding capital stock of Sprayroq. Sprayroq is engaged in the
    development, commercialization, manufacture and marketing of spray-applied
    resinous materials.  Synox is engaged in the research, development and
    marketing of a process for the treatment of municipal wastewater biosolids.
    To date, most of the revenue and operating income for the Company have
    resulted from the operations of Sprayroq.





                                      7
<PAGE>   8

    B.   Basis of Presentation

    Principles of Consolidation - The consolidated financial statements include
    the accounts of Enviroq Corporation, Synox and Sprayroq.  All significant 
    intercompany transactions are eliminated.  Although the Company owns 50% of
    the outstanding capital stock of Sprayroq, all of the operating results of 
    Sprayroq have been included, without discount or reduction.

    C.   Net Loss Per Share

    Net loss per share was computed by dividing net loss by the 1,009,377
    shares of common stock outstanding as of June 28, 1997, considering these
    shares to be outstanding for all periods presented.

Note 3 - COMMITMENTS AND CONTINGENCIES

Synox is the exclusive licensee of certain technology and know-how under a
license agreement with a company controlled by certain affiliates of the
Company.  The agreement currently covers 15 states in the license territory and
grants an option to acquire additional territory on a payment of a prepaid
royalty.  The option rights expire December 31, 1997.

Under the terms of its license agreement (as amended), Synox is subject to
minimum royalty provisions and to the maintenance of a $50,000 net worth and
the performance of other material provisions of the license agreement.  Minimum
annual royalties (based upon retaining the 15 states currently under the
agreement) are due each January 1, for the ensuing calendar year through the
license expiration, according to the following schedule. The license agreement 
was amended on December 20, 1996 to change the expiration date of the license 
and to provide that no minimum royalty payment would be due on January 1, 1997,
but that such minimum royalty payments would resume on January 1, 1998, in
accordance with the following schedule.

<TABLE>
<CAPTION>
DUE DATE                                        AMOUNT
<S>                                             <C>
January 1, 1998                                 $ 90,336
January 1, 1999                                  180,671
January 1, 2000                                  180,671
January 1, 2001 through 2008                     225,839
</TABLE>

Pursuant to the merger agreement between Old Enviroq and Synox, the
stockholders of Synox at the time of the merger received Old Enviroq shares
valued at $672,000 in the aggregate plus the right to receive additional shares
of Old Enviroq, dependent on the earnings of Synox, up to a maximum value of
$2,017,000.  In addition, the then existing obligations of Synox under
promissory notes to certain shareholders ($767,376 at December 30, 1991 plus
additional interest at 7.66%) shall become payable by Synox in cash only after
such time as (i) all the contingent shares have been issued and (ii)
accumulated retained earnings are available for such payment.  Interest shall
become payable only to the extent of available net earnings.  As a result of
the Distribution of Company shares referred to in Note 2.A above, the
obligation to issue contingent shares became an obligation of the Company to
issue its shares in lieu of Old Enviroq shares.  To the extent additional,
contingent shares become issuable in the future or additional obligations
become payable in the future, such consideration will be recorded at that time
at its fair value and accounted for as additional intangible assets.

The Company and Replico Development Company, Inc. ("Replico") each own 50% of
the outstanding capital stock of Sprayroq, and pursuant to the Stockholder
Agreement dated as of March 25, 1992 between the Company (as successor to Old
Enviroq), Sprayroq and Replico, the parties agreed to vote their respective
shares





                                      8
<PAGE>   9

to elect three directors designated by the Company and two directors designated
by Replico.  Sprayroq has obtained its operating funds primarily from the
Company.  Prior to October 15, 1996, the Company had made loans to Sprayroq to
fund the working capital and other needs of Sprayroq.  On October 15, 1996, the
board of directors of Sprayroq voted to restructure and consolidate this debt
with the Company, and a Consolidated Note evidencing the restructured debt was
executed on October 21, 1996 by Sprayroq.  As of June 28, 1997, the principal
amount of the debt was approximately $755,000.  The rate of interest on the
debt is 7% per annum.  The debt will be amortized over a 30-year period, with
the balance of the principal due, in the form of a "balloon" payment, on
October 1, 2001.

                                   * * * * *





                                       9
<PAGE>   10

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

RESULTS OF OPERATIONS

Revenue

    For the three months ended June 28, 1997, the Company generated revenues of
    approximately $313,000, as compared to approximately $325,000 for the three
    months ended June 29, 1996, representing a decrease of approximately 4%.
    The decrease in revenues for the three-month period is primarily
    attributable to differences in timing in the release of orders for
    materials from Sprayroq's licensees.

Cost of Revenues / Gross Profit

    Cost of revenues were approximately $201,000 for the three months ended
    June 28, 1997, as compared to approximately $182,000 for the three months
    ended June 29, 1996, representing an increase of approximately 10%.  Cost
    of revenues for the three-month period increased primarily as a result of
    the accrual of anticipated costs associated with new licenses.  Gross
    profit margin was approximately 36% for the three months ended June 28,
    1997, as compared to approximately 44% for the three months ended June 29,
    1996.

Selling, General and Administrative Expenses

    Selling, General and Administrative Expenses ("S,G&A") for the three
    months ended June 28, 1997 were approximately $177,000, as compared to
    approximately $149,000 for the three months ended June 29, 1996, an
    increase of 19%.  The increase in S,G&A for the three-month period is
    primarily a result of increased expenses relating primarily to the
    relocation to Birmingham, Alabama of the operations of Sprayroq in addition
    to increased expenses relating to the promotion of Sprayroq products. 

Other Income (Expense) - Net

    Other Income (Expense) - Net was approximately $32,000 in income for the
    three months ended June 28, 1997, as compared to approximately $40,000 for
    the three months ended June 29, 1996.  For the three-month period ended
    June 28, 1997, most of the other income resulted from interest income to
    the Company from its bank cash deposits, money market accounts, and other
    investments.

Net Income (Loss)

    For the three months ended June 28, 1997, the net loss was approximately
    $27,000, as compared to net income of approximately $33,000 for the three
    months ended as of June 29, 1996.  The net loss for the three months ended 
    June 28, 1997 was primarily attributable to increased expenses relating to 
    the relocation of Sprayroq's operations and to increases in promotional 
    activities at Sprayroq.





                                      10
<PAGE>   11

Financial Condition

    For the three months ended June 28, 1997, stockholders' equity decreased as
    compared to the preceding quarter ended March 29, 1997 primarily as a 
    result of the associated net loss.

    At June 28, 1997, the Company had approximately $2,759,000 in working
    capital and a current ratio of 18.7-to-1, as compared to working capital of
    approximately $2,784,000 and a current ratio of 32.3-to-1 at March 29,
    1997.  The change in current ratio resulted primarily from increases in
    accounts payable and accrued expenses.

    At June 28, 1997, the Company's cash and cash equivalents totaled
    approximately $2,432,000.  In addition, accounts receivable totaled
    approximately $261,000. The Company generated approximately $52,000 in cash
    from operating activities during the quarter ended June 28, 1997, primarily
    as a result of decreases in accounts receivable.

    Depreciation and amortization expense was approximately $3,000 for the
    three months ended June 28, 1997.  Net fixed assets decreased approximately
    $2,000 between March 29, 1997 and June 28, 1997.  This decrease is
    attributable to the accumulated depreciation as well as adjustments.  There
    were no purchases or abandonments during the current quarter.

    The Company does not believe that there is any appreciable seasonal impact
    on the business of the Company, although extreme cold weather may impair
    installation of spray-applied materials which may result in decreased resin
    sales by Sprayroq.

    The Company's undeveloped property in Jacksonville, Florida (approximately
    10.6 acres) is currently being offered for sale, which may result in an
    increase in the Company's cash.

    Operating cash flow combined with available cash and cash equivalents are
    currently expected to be sufficient in amount to provide resources to the
    Company's working capital needs during fiscal year 1998.





                                      11
<PAGE>   12

PART II - OTHER INFORMATION

ITEM 1 - Legal Proceedings

None.

ITEM 2 - Changes in Securities

None.

ITEM 3 - Defaults upon Senior Securities

None.

ITEM 4 - Submission of Matters to a Vote of Security Holders

None.

ITEM 5 - Other Information

                 Pursuant to the Stockholder Agreement dated as of March 25,
         1992 between the Company (as a successor to Old Enviroq), Sprayroq and
         Replico (the "Stockholder Agreement"), the parties agreed to vote
         their respective shares to elect three directors designated by the
         Company and two directors designated by Replico. The Stockholder
         Agreement also provides that the Company is given certain rights of
         control over Sprayroq, including the right to designate its executive
         officers and to elect a majority of the board of directors.  Since the
         formation of Sprayroq, the chief executive officer of Sprayroq has
         also been the chief executive officer of the Company.  Nevertheless,
         from time to time during fiscal year 1997 and continuing to the
         present, one or more of the principals of Replico has, either on their
         own behalf or on the behalf of Replico, raised issues or otherwise
         questioned the Company's management of and designation of officers of
         Sprayroq.  Among such issues and questions is the suggestion of a
         conflict of interest, as yet undefined, in connection with the
         election of William J. Long as the chief executive officer of both
         Sprayroq and the Company.  Another such issue relates to the assertion
         that Replico and or certain affiliates of Replico should be free to
         engage in certain ventures that may present opportunities for Sprayroq
         and/or be competitive with Sprayroq, or that utilize certain
         technology and/or technology rights belonging to Sprayroq, and that
         the corresponding responses of Sprayroq's management to Replico might
         somehow be improper.  Management of the Company believes that all
         actions taken have been entirely within the terms and the sprit of the
         Stockholder Agreement with respect to the management of Sprayroq, and
         Sprayroq's responses to the questions and issues raised by Replico and
         or its principals.  However, no assurances can be given that Replico
         or its affiliates will not pursue claims against Sprayroq, the
         Company, and/or their respective affiliates, or that the outcome of
         such matters will be favorable to the Company.





                                      12
<PAGE>   13

ITEM 6 - Exhibits and Reports on Form 8-K

(a)      The following exhibits are included or are incorporated by reference
into this Form 10-QSB:

Description of Exhibits

<TABLE>
<CAPTION>
      Item
      ----
       <S>       <C>
       3.01      Certificate of Incorporation of New Enviroq Corporation.  Exhibit 3.01 to the Company's Registration
                 Statement on Form 10-SB/A2 dated April 12, 1995, is incorporated herein by reference (Commission File
                 No. 0-25528).

       3.02      Certificate of Amendment to Certificate of Incorporation of New Enviroq Corporation.  Exhibit 3.02 to
                 the Company's Registration Statement on Form 10-SB/A2 dated April 12, 1995, is incorporated herein by
                 reference (Commission File No. 0-25528).

       3.03      Bylaws of New Enviroq Corporation.  Exhibit 3.03 to the Company's Registration Statement on Form 10-
                 SB/A2 dated April 12, 1995, is incorporated herein by reference (Commission File No. 0-25528).

       4.01      Certificate of Designation of Rights and Preferences of Series A Preferred Stock.  Exhibit 4.01 to the
                 Company's Registration Statement on Form 10-SB/A2 dated April 12, 1995, is incorporated herein by
                 reference (Commission File No. 0-25528).

       4.02      Form of Certificate of Common Stock.  Exhibit 4.02 to the Company's Registration Statement on Form 10-
                 SB/A2 dated April 12, 1995, is incorporated herein by reference (Commission File No. 0-25528).

       4.03      Form of Certificate of Series A Preferred Stock.  Exhibit 4.03 to the Company's Registration Statement
                 on Form 10-SB/A2 dated April 12, 1995, is incorporated herein by reference (Commission File No. 0-
                 25528).

      27         Financial Data Schedule (for SEC use only).

</TABLE>


(b)      Reports on Form 8K filed during the period:

       None.





                                      13
<PAGE>   14


                                   SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized.


                                      ENVIROQ CORPORATION
                                      
                                      
Date: July 10, 1997                   By:   /s/ William J. Long 
                                           ----------------------
                                      William J. Long, President
                                      and Chief Executive Officer
                                      (Principal Financial and
                                      Accounting Officer)





                                      14