w32time account disappeared

I've had a couple of problems with my Windows services and I was working my way fixing them and I got most of them to work except for the "Windows Time" service. I tried to restore the default registry keys/values for this service but I kept getting the "Access Denied" error when trying to start the service.

I tried checking Microsoft support website for w32time problems and I found a page saying the key "HKEY_LOCAL_MACHINE\SYSTEM\CurrentControlSet\services\W32Time\Config" must have an account named w32time listed in it's permissions list. I tried adding the account name manually but I kept getting the error "Object does not exist".

So my question is. Can I reinstate this account/principal manually or is there a windows command to do that.
Any help is really appreciated.

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