UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

                                                  Commission File Number 0-24012

(Check one)   [X] Form 10-K    [ ] Form 11-K    [ ] Form 20-F    [ ] Form 10-Q
              [ ] Form N-SAR

                       For period ended September 30, 2001

[ ] Transition Report on Form 10-K and Form 10-KSB
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q and Form 10QSB
[ ] Transition Report on Form-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   ALLIED DEVICES CORPORATION

       Former name if applicable




       Address of principal executive office
       (STREET AND NUMBER)                           325 Duffy Avenue

       City, state and zip code                      Hicksville, New York 11801




                                     PART II
                             RULE 12b-25(b) AND (c)

       If the subject report could not be filed without unreasonable effort or
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.

       (b) The subject annual report, semi-annual report, transition report
on Form 10-K, 20-F, 11-K or Form N-SAR, or portion thereof will be filed on
or before the 15th 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 [x]

       (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, 11-K, 20-F,
10-Q, N-SAR or the transition report portion thereof could not be filed within
the prescribed time period. (Attach extra sheets if needed.)

       The Company is in the process of resolving certain financial issues and
bank covenants which may impact the Company's financial statements.

                                     PART IV
                                OTHER INFORMATION

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

                      PAUL M. CERVINO       (516) 935-1300 EXT. 238
                      ---------------       ------------------------------
                      (Name)                (Area Code) (Telephone Number)


              (2) Have all other periodic reports required under Section 13 or
       15(d) or 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 file such report(s)
       been filed? If the answer is no, identify report(s).

                                                               Yes [X]    No [ ]


                                       2


              (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?

                                                               Yes [X]    No [ ]

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

              As previously reported, the Company's sales continue to be
       impacted by the slowness of the economy and the events of September 11,
       2001. As stated above the Company has to resolve certain financial issues
       and bank covenants and cannot reasonably estimate its results until then.


                           ALLIED DEVICES CORPORATION
                           --------------------------
                  (Name of Registrant as Specified in Charter)

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


Date: 12/27/01                            By: /s/ Paul M. Cervino
                                              --------------------------------
                                              Paul M. Cervino
                                              President

       INSTRUCTION. The form may be signed by an executive officer of the
registrant or by any other duly authorized representative. The name and title of
the person signing the form shall be typed or printed beneath the signature. If
the statement is signed on behalf of the registrant by an authorized
representative (other than an executive officer), evidence of the
representative's authority to sign on behalf of the registrant shall be filed
with the form.


                                       3