Wallace McDowall enters administration with 200 jobs at risk

WMCD Realisations 2026 Limited, previously known as Wallace McDowall, has entered administration, putting about 200 jobs at risk at one of Scotland’s longstanding engineering and fabrication businesses. Hilary Pascoe and Mike Dillon of Leonard Curtis were appointed joint administrators on 22 May 2026.

The business operates from a 126,000 sq ft facility at Glasgow Prestwick International Airport, within the airport’s wider Spaceport campus. Founded in Ayr in 1969, Wallace McDowall grew from a small agricultural engineering operation into a subcontract manufacturing business serving customers across sectors including automotive, oil and gas, agriculture and materials handling.

Wallace McDowall’s services include component assembly, welding, finishing, machining, laser cutting, fabrication and design. The company describes itself as a subcontract engineering specialist with capability across sheet metal work, precision machining, punching, bending, finishing and assembly.

The administration follows weeks of uncertainty over the company’s financial position. Staff were reportedly warned in April that administration was a possibility, while being told the business would continue operating as management assessed options for the company’s future.

The administrators are expected to assess whether the business can be restructured or sold. That process will determine whether Wallace McDowall’s manufacturing platform, customer relationships and skilled workforce can be preserved as a going concern, or whether recoveries will depend on an orderly realisation of assets.