COMMISSION FILE NUMBER:     2-71136

                           DETONICS SMALL ARMS LIMITED
             (Exact name of registrant as specified in it's charter)

                 Washington                          91-1150122
       (State Or Other Jurisdiction Of           (Irs Employer Id No.)
       incorporation or organization)

                       14508 SE 51ST, BELLEVUE, WA  98006
              (Address and zip code of principal executive offices)

       Registrant's telephone number, including area code: (425) 746-6761


     Indicate  by check mark  whether the  registrant  (1) has filed All reports
     required to be filed by Section 13 or 15(d) of the Securities  Exchange Act
     of 1934 during the preceding 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:

                       DOCUMENTS INCORPORATED BY REFERENCE


     Form S-1,  Detonics Small Arms Limited,  Commission File No. 2- 71136,  but
     excluding  the balance sheet of Detonics  Small Arms Limited  together with
     the report of independent certified public accountants,  is incorporated by
     reference.


<PAGE>
                          PART I - FINANCIAL INFORMATION

    Item 1:    Financial Statements

    See Appendix A

    Item 2:    Management's  Discussion  and Analysis of the Financial Condition
               and Results of Operations

     No royalties or other income were booked in the third quarter of 2000.


     The partnership  originally had licensed the  manufacturing and sale of its
     products to Detonics Manufacturing Corporation (DMC) a subsidiary of Energy
     Sciences  Corporation,  (ESC). DMC, ESC and the Partnership entered Chapter
     11 bankruptcy  proceedings  on April 29, 1986. In late 1987, the Bankruptcy
     Court  approved a sale of all of DMC's  assets to a new  entity,  formed by
     outside  third  parties,  called New  Detonics  Manufacturing  Corporation,
     (NDMC).  By  subsequent  majority  vote  of  the  limited  partners  of the
     Partnership,  a new license was entered  into between the  Partnership  and
     NDMC, which called for royalties to begin in late 1991 at the rate of 4% of
     gross sales. No partnership income was expected before that time.

     On May 13, 1988,  ESC's  bankruptcy was dismissed and all remaining  assets
     were  repossessed by the sole secured creditor of ESC, the firm of Murphy &
     Elgot.  These assets are primarily  amounts owed to ESC by the partnerships
     and the rights to produce products owned by the  partnerships.  The general
     partners have begun discussions with Mr. Murphy,  (who was also counsel for
     ESC and the partnerships),  on the elimination of most or all the debt owed
     by the Partnership to ESC, (and now, therefor to Murphy & Elgot).

     As  previously  reported,  the general  partners  learned in late 1991 that
     production of firearms at NDMC was suspended in 1991. The general  partners
     have  subsequently  been  advised  that  Murphy & Elgot,  the sole  secured
     creditirs of the original  DMC,  have moved to have the "soft"  assets (the
     name  "Detonics" and the right to manufacture  the Detonics  designs) which
     were  assigned  to NDMC by the  Bankruptcy  Court be  returned  to Murphy &
     Elgot.  This occured in September 1992. Mr. Murphy passed away in 1997. The
     general  partners  have had  discussions  with Mr. Elgot  regarding  future
     attempts to  recommercialize  the products and he indicated he would likely
     approve any  recommercialization  plan that the general  partners  would be
     able to obtain. The general partners have been discussing such plans with a
     third party,  but, no royalty amounts have been discussed as of October 18,
     2000.  There can be no  guarantee  that it will be  possible to arrange for
     production  of any of  the  Partnership's  products  and no  royalties  are
     expected for 2000.


<PAGE>
                              PART II - OTHER INFORMATION

    Item 1:    Legal Proceedings


     The  staff  of  the  Securities  and  Exchange   Commission's  Division  of
     Enforcement  recommended to the  Commission  that it authorize the staff to
     file a civil injunction action against the Partnership and Messrs. Maes and
     Steffey to require  timely filing of reports with the  commission.  Such an
     injunction was entered on June 25, 1986.  All subsequent  reports have been
     timely filed.

     On October 16, 1989 the U.S. Bankruptcy Court ordered the conversion of the
     partnership's  Chapter 11 to a Chapter 7. On May 11, 1990, the  partnership
     filed an amended motion to dismiss the Chapter 7. The motion was granted on
     June 21, 1990 and the partnership is no longer in bankruptcy.

     In  March  1993,  the  partnership  received  a  "Notice  of  Beginning  of
     Administrative Proceeding" from the Internal Revenue Service. The issue was
     a possible  finding  that the  partnership  "burned  out" and is subject to
     recapture.  The general  partners are of the position that the products and
     the partnership remain viable. In July, 1993, the general partners received
     notification from the IRS that they did not intend to make any changes as a
     result of that Administrave Proceeding.  The IRS has the right to bring the
     subject up again.

    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: None

    Item 6:  Exhibits, Financial Statement Schedules, and Reports
               on Form 8-K

          a)   Documents filed as part of this Report: Unaudited
               financial statement.

          b)   Reports on Form 8-K: None.


<PAGE>
                                   APPENDIX A

                           DETONICS SMALL ARMS LIMITED
                                  BALANCE SHEET
                               SEPTEMBER 30, 2000
                                   (UNAUDITED)



    ASSETS
    Cash                                       $        0
    Royalties Receivable                                0
                                                 ---------
            TOTAL CURRENT ASSETS               $        0

    Intangible Assets Less Amortization                 0
    Receivable from Affiliates Less Allowance           0
                                                 ---------
            TOTAL ASSETS                       $        0


    LIABILITIES AND PARTNERS' EQUITY
    Accounts Payable                           $        0
    Taxes Payable                                       0
                                                 ---------
            TOTAL CURRENT LIABILITIES                   0

    Payable to Affiliates                         672,769

                                                 ---------
            TOTAL LIABILITIES                     672,769

    Partners' Capital
                                                 (672,769)
                                                 ---------
            TOTAL LIABILITIES
            AND PARTNER'S EQUITY                        0


<PAGE>
                         DETONICS SMALL ARMS LIMITED
                            STATEMENT OF INCOME
                           FOR THE QUARTER ENDING
                             SEPTEMBER 30, 2000
                                (UNAUDITED)


    Royalty Revenue                             $       0

    Expenses                                            0
                                                 --------
    Net Income (Loss)                           $       0

     NOTE: The products owned by the  Partnership  were licensed to New Detonics
     Manufacturing   Corporation  (NDMC).  Under  the  terms  of  that  license,
     royalties were not scheduled to be paid to the Partnership until late 1991.
     NDMC  suspended  production  of all  firearms and the license with NDMC has
     been terminated. As of October 2000, there are no new license agreements in
     existance.



                         DETONICS SMALL ARMS LIMITED
                          STATEMENT OF CASH FLOWS
                           FOR THE QUARTER ENDING
                             SEPTEMBER 30, 2000
                                (UNAUDITED)


    Net Cash Provided By Operating Activities    $      0

    Net Cash Used By Investing Activities               0

    Net Cash Provided By Financing Activities           0
                                                 --------
    Net Increase In Cash                         $      0

      Cash At Beginning Of Period                $      0
                                                 --------
      Cash At End Of Period                      $      0


<PAGE>
                            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 thereunto duly authorized.

                                           DETONICS SMALL ARMS LIMITED
                                               (Registrant)

         10/18/00                          Michel E. Maes, General Partner
           Date                           (Signature)

<PAGE>