ID verification is mandatory for all directors on the Companies House register, with the initial transition period set to end on 17 November.

But one in four UK registered directors have not verified their identity yet with 807,000 individuals having already missed their ID deadline.

As of mid October,  a total of 4,144,344 directors and beneficial owners had completed their verification statements, leaving 25% of directors unverified, shows analysis of all ID registered directors at Companies House by Vaulex, a UK authorised corporate service provider (ACSP).