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No (Question 1)
ASSET SALE INCLUDED STOCK PLU,CUSTOMER BASE AND ITS GOODWILL.
Question 1 NO
Question 2 The Limited Company sold part of its asset i.e, stock plus
entire customer base of the Company.
Answer to your Question : YES.
The customer has no cause of action against you. He bought the goods from the limited company and his cause of action/claim is against that limited company. You have no liability to the customer assuming that you didn’t misrepresent the material and there is just something either wrong with it or his machine.
The limited company is now owned by someone else and therefore that someone else has to deal with the claim under the auspices of the limited company.
The buyer of the company may have a claim against you under the warranties in the business sale agreement. However if the agreement has been structured properly, there will be a time limit on these (which could vary from months to years) and a maximum amount of any claim.
Can I clarify anything for you?