A sad note for Rothschild heiress as record label folds

SOME love affairs end with a tearful conversation, others with a ‘Dear John’ letter, but banking heiress Kate Rothschild’s tempestuous relationship with rapper Jay Electronica appears to have finished with a note posted at Companies House.

I can reveal that the record company that brought together the most unlikely pair (pictured right) is to be struck off from the official register in London.

‘It’s the end of a chapter in Kate’s life,’ one of her friends tells me.

Roundtable Records, which Kate set up in 2010, has been given three months’ notice that it will be closed down, after it failed to file its annual return on time.

Last year, I reported that music producer Kate, who was married to financier Ben Goldsmith until she embarked on the affair with the American hip-hop artist, was owed £365,606 by the business.

She fell in love with Jay after signing him to the label.

The latest accounts available for the company showed that it had stocks of just £1,858 and cash of £761.

The 33-year-old alumna of Bryanston School was married to Goldsmith, now 35, with whom she has three young children, when she met Electronica, 39. They embarked on a passionate

affair, and her ten- year marriage to Ben, son of the late billionaire Sir James Goldsmith and brother of Tory MP Zac, ended amid much acrimony.

When the Old Etonian financier discovered his wife’s year-long relationship with Electronica after seeing some of their text messages, he was so angry that he is said to have slapped her and kicked a child’s toy at her.

She called the police and Goldsmith later accepted a formal caution. Their bitter break-up was then played out in public on Twitter. Electronica later warned Goldsmith that he would ‘come see’ him.

Accusing him of giving ‘ untrue’ stories to the newspapers, the rapper said: ‘You wanna go public, I’ll go public and you ain’t gonna like it. Stop acting like a b***h.’

Kate said the American, who was born and raised in an area of New Orleans known for poverty and violent crime, had ‘saved my life in many ways’. He has since moved back to the U.S. — his rescue mission apparently complete.