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


                                  SCHEDULE 13G
                                 (RULE 13d-102)

 INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c)
         AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)




                          Atlantic Premium Brands, Ltd.
                         ------------------------------
                                (Name of Issuer)

                     Common Stock, par value $.01 per share
                         (Title of Class of Securities)


                                   048263 10 7
                                  ------------
                                 (CUSIP Number)


                                  July 23, 2001
                                 --------------
             (Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

[ ]    Rule 13d-1(b)
[X]    Rule 13d-1(c)
[ ]    Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).


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CUSIP NO. 048263 10 7                  13G                     Page 2 Of 6 Pages
--------------------------------------------------------------------------------
  1     Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
        (Entities Only)

        Thomas M. Dalton
--------------------------------------------------------------------------------
  2     Check the Appropriate Box if a Member of a Group     (a) [ ]
        (See Instructions)                                   (b) [ ]


--------------------------------------------------------------------------------
  3     SEC Use Only


--------------------------------------------------------------------------------
  4     Citizenship or Place of Organization

        U.S.A.
--------------------------------------------------------------------------------
    Number of
                           5       Sole Voting Power

     Shares                        361,856
                           -----------------------------------------------------
   Beneficially            6       Shared Voting Power

                                   0
     Owned by              -----------------------------------------------------
                           7       Sole Dispositive Power

       Each                        361,856
                           -----------------------------------------------------
     Reporting             8       Shared Dispositive Power


    Person With                    0
--------------------------------------------------------------------------------
  9     Aggregate Amount Beneficially Owned by Each Reporting Person

        361,856
--------------------------------------------------------------------------------
 10     Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
        (See Instructions)


--------------------------------------------------------------------------------
 11     Percent of Class Represented by Amount in Row (9)

        5.19%
--------------------------------------------------------------------------------
 12     Type of Reporting Person (See Instructions)

        IN
--------------------------------------------------------------------------------
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CUSIP NO. 048263 10 7                  13G                     Page 3 of 6 Pages

                                  SCHEDULE 13G

Item 1(a).      Name of Issuer:

                                    Atlantic Premium Brands, Ltd.

Item 1(b).      Address of Issuer's Principal Executive Offices:

                                    650 Dundee Road, Suite 370
                                    Northbrook, IL 60062

Item 2(a).      Name of Person Filing:

                                    Thomas M. Dalton

Item 2(b).      Address of Principal Business Office or, if None, Residence:

                                    650 Dundee Road, Suite 370
                                    Northbrook, IL 60062

Item 2(c).      Citizenship:

                                    U.S.A.

Item 2(d).      Title of Class of Securities:

                                    Common Stock, par value $0.01 per share

Item 2(e).      CUSIP Number:

                                    048263 10 7

Item 3.         If This Statement is Filed Pursuant to Rule 13d-1(b), or
                13d-2(b) or (c), Check Whether the Person Filing is a:

                                    Not applicable.

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CUSIP NO. 048263 10 7                  13G                     Page 4 of 6 Pages


Item 4.         Ownership:

                (a)          Amount beneficially owned:

                                    361,856, includes 320,000 shares underlying
                                    currently exercisable options or options
                                    exercisable within 60 days.

                (b)          Percent of Class:

                                    5.19%

                (c)          Number of shares as to which such person has:

                             (i)    sole power to vote or to direct the vote:

                                    361,856

                             (ii)   shared power to vote or to direct the vote:

                                    0

                             (iii)  sole power to dispose or to direct the
                                    disposition of:

                                    361,856

                             (iv)   shared power to dispose or to direct the
                                    disposition of:

                                    0

Item 5.         Ownership of Five Percent or Less of a Class.

                                    Not Applicable.

Item 6.         Ownership of More than Five Percent on Behalf of Another Person.

                                    Not Applicable.

Item 7.         Identification and Classification of the Subsidiary Which
                Acquired the Security Being Reported on by the Parent Holding
                Company or Control Person:

                                    Not Applicable.

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CUSIP NO. 048263 10 7                  13G                     Page 5 of 6 Pages


Item 8.         Identification and Classification of Members of the Group.

                                    Not Applicable.

Item 9.         Notice of Dissolution of Group.

                                    Not Applicable.

Item 10.        Certifications.

                By signing below I certify that, to the best of my knowledge and
                belief, the securities referred to above were not acquired and
                are not held for the purpose of or with the effect of changing
                or influencing the control of the issuer of the securities and
                were not acquired and are not held in connection with or as a
                participant in any transaction having that purpose or effect.


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CUSIP NO. 048263 10 7                  13G                     Page 6 of 6 Pages


      After reasonable inquiry and to the best of its knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Dated: July 24, 2001


                                 /s/ Thomas M. Dalton
                           ----------------------------------------------------
                           Thomas M. Dalton
                           Chief Financial Officer and Chief Operating Officer