EUROTECH LTD
NT 10-Q, 1999-11-15
HAZARDOUS WASTE MANAGEMENT
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                     U.S. SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                   FORM 12B-25

                           NOTIFICATION OF LATE FILING

                                                     ---------------------
                                                       SEC FILE NUMBER

                                                          333-26673
                                                     ---------------------
                                                         CUSIP NUMBER

                                                           29879610 3
                                                     ---------------------

                                  (Check One):

|_| Form 10-K and Form 10-KSB |_| Form 20-F |_| Form 11-K |X| Form 10-Q and Form
10-QSB |_| Form N-SAR

      For Period Ended: September 30, 1999

|_| Transition Report on Form 10-K
|_| Transition Report on Form 20-K
|_| Transition Report on Form 11-K
|_| Transition Report on Form 10-Q
|_| Transition Report on Form N-SAR
For the Transition Period Ended:

- --------------------------------------------------------------------------------

      Read Attached Instruction Sheet before Preparing Form. Please Print or
Type.

      Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
- --------------------------------------------------------------------------------

      If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:

- --------------------------------------------------------------------------------

Part I--Registrant Information
- --------------------------------------------------------------------------------

      Full Name of Registrant:      Eurotech, Ltd.

      Former Name If. Applicable

      Address of Principal Executive Office (Street and Number)

                  1216 16th Street, N.W.

      (City, State and Zip Code)

                  Washington, D.C. 20036
- --------------------------------------------------------------------------------

Part II--Rules 12b-25 (b) and (c)
- --------------------------------------------------------------------------------

If the subject report could not be filed without unreasonable effort and expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed.
(Check box if appropriate)

      (a)   The reasons described in reasonable detail in Part III of this form
            could not be eliminated without unreasonable effort or expense.
<PAGE>

      (b)   The subject annual report, semi-annual report, transition report on
            Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof, will
            be filed on or before the fifteenth calendar day following the
            prescribed due date; or the subject quarterly report or transition
            report on Form 10-Q, or portion thereof will be filed on or before
            the fifth calendar day following the prescribed due date; and

      (c)   The accountant's statement or other exhibit required by Rule
            12b-25(c) has been attached if applicable.

- --------------------------------------------------------------------------------

Part III--Narrative
- --------------------------------------------------------------------------------

State below in reasonable detail the reasons why Form 10-K and Form 10-KSB,
11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report or portion thereof
could not be filed within the prescribed period.

      Because the registrant's chief financial and accounting officer has no
employed staff, he relies for the compilation of financial reports on the
registrant's independent public accountants. Such accountants have informed the
registrant that they required more time to complete their analysis of the
information provided to them by the registrant and accordingly have not provided
the statements in time for the registrant to effect a timely filing.

- --------------------------------------------------------------------------------

Part IV--Other Information
- --------------------------------------------------------------------------------

(1)   Name and telephone number of person to contact in regard to this
      notification

            Michael L. Thomas            (202)                  466-5448
            (Name)                     (Area Code)         (Telephone Number)

(2)   Have all other periodic reports under section 13 or 15(d) of the
      Securities Exchange Act of 1934 or section 30 of the Investment Company
      Act of 1940 during the preceding 12 months or for such shorter period that
      the registrant was required to such report(s) been filed? If the answer is
      no, identify report(s).

                                                |X|  Yes          |_| No

(3)   Is it anticipated that any significant change in results of operations
      from the corresponding period for the last fiscal year will be reflected
      by the earnings statements to be included in the subject report or portion
      thereof?

                                                [X]  Yes          |_| No

      If so: attach an explanation of the anticipated change, both narratively
      and quatitatively, and, if appropriate, state the reasons why a reasonable
      estimate of the results cannot by made.

                                 Eurotech, Ltd.
                  (Name of Registrant as specified in charter)

      has caused this notification to be signed on its behalf by the undersigned
      thereunto duly authorized.

      Date: November 12, 1999       By: s/ Michael L. Thomas
                                        --------------------
                                        Michael L. Thomas
                                        Vice President, Finance and
                                        Administration



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