I'm looking for the soundtrack  on CD of a Stage Play at London's West
End Theatre titled TIME with Sir Lawrence Olivier.

According to a web site about this musical, there is no CD of the soundtrack: 
http://www.angelfire.com/fl3/Defymcbeth/Time.html

A vinyl album was released by Capitol Records in 1986

Dear rcaywood,

I have bad news. As it seems, the soundtrack of the musical "Time" has
been released as a vinyl LP in 1986 - but so far there is no CD
version of this album. This is indicated here, and my research brought
me to the same result:

http://www.angelfire.com/fl3/Defymcbeth/Time.html

However Jonathan M. Vick, the owner of this private "Time"-fansite is
planning to make CD-R copies of the LP by request, starting in autumn:

http://www.angelfire.com/fl3/Defymcbeth/Time4.html

Maybe placing a request for a copy at Mr. Vick can provide you the
soundtrack CD you are looking for.

Regards,
Scriptor

Dear rcaywood,

I forgot to add the following: Please be aware of the fact that
duplicating audio material might be a violation of copyright laws. My
comment above is not meant to encourage illegal actions of this kind,
it is only a general consideration.

Regards,
Scriptor