M0nica
I have a 30ft square area, which has essentially had nothing but an annual cut for the last 30 years, although I did pull nettles out the first year as they threatened to take over.
It has been interesting to see how my 'rewilding' plot has gone. The one thing it is not, is a beautiful wildflower meadow, As time progresses it has been taken over by different plants to the almost total exclusion of everything else, first buttercups, replaced by dandelions, replaced by daisies, eplaced by cow parsley. I wait to see what will replace that.
I think the idea that 'beautiful wildflower meadows' will materialise if you let nature take over is a work of romantic fiction. They need to be seeded initially and then take lots of work to keep them looking as diverse and beautiful as they did in the first year or two. Left to themselves, as you describe, MOnica they tend to revert a few dominant species.
Do you mow your wild patch at any time?