SEC FILE NUMBER:  000-30239

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

                           FORM 12b-25

                   NOTIFICATION OF LATE FILING

(Check One):  [X] Form 10-K and Form 10-KSB  [ ] Form 11-K    [ ] Form 20-F
              [ ] Form 10-Q and Form 10-QSB  [ ] Form N-SAR

              For Period Ended: February 28, 2003
              [ ] Transition Report on Form 10-K
              [ ] Transition Report on Form 20-F
              [ ] 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


  UNICO, INCORPORATED
______________________________________________________________________________
Full Name of Registrant


______________________________________________________________________________
Former Name if Applicable


  6475 Grandview Avenue, P.O. Box 777
______________________________________________________________________________
Address of Principal Executive Office (Street and Number)


  Magalia, California 95954
______________________________________________________________________________
City, State and Zip Code

PART II - RULES 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;
      |
 [x]  | (b) The subject annual report, semi-annual report; transition report
      |     on Form 10-K, Form 20-F, 11-K, 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 of
      |     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 the Form 10-K, 10-KSB, 11-K,
20-F, 10-Q, 10-QSB, N-SAR, or the transition report or portion thereof, could
not be filed within the prescribed time period.  (Attach Extra Sheets If
Needed)




Unico, Incorporated did not provide its auditors with all of the information
necessary for the auditors to complete the annual audit prior to the date on
which the Form 10-KSB was required to be filed.

PART IV - OTHER INFORMATION

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

      Robert N. Wilkinson         (801)            533-9645
      _______________________   _________      ____________________
           (Name)              (Area Code)      (Telephone Number)

(2)   Have all other periodic reports required 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 file such reports) been
      filed?  If 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 quantitatively, and, if appropriate, state the reasons why a
      reasonable estimate of the results cannot be made.

      Unico, Incorporated anticipates reporting a net loss between
      approximately $1,000,000 and $1,250,000 for the fiscal year ended
      February 28, 2003 as compared to the net loss of $774,439 reported for
      the fiscal year ended February 28, 2002.


______________________________________________________________________________




                       Unico, Incorporated
           ___________________________________________
           (Name of Registrant as Specified in Charter)

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


Date  May 29, 2003           By  /s/ Ray C. Brown
     _________________           _________________________________________
                                 Ray C. Brown, Chief Executive Officer and
                                 Principal Financial and Accounting Officer



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.


                            ATTENTION


Intentional Misstatements or omissions of fact constitute Federal Criminal
Violations (See 18 U.S.C. 1001).



SEC/0438