Hi Patrick,
I have a Cobra sports cat (SB26 was the order code and is a 200 cell... they do not sell a 100 cell as it would not pass with certainty. Note: I see on their site now that today that's a 3" connection, whereas when I got it it was 3" pipe with reduction to a 2.5" centre connection, which is what I got as wanted to stay 2.5" to the back). Passed first two years' NCT with flying colours - every bit as good as the oem cat.
However, on the 3rd year it didn't pass.
1st thought was a lazy lambda (the one fitted in the cat pipe).
Replaced that and still same issue (and was expensive to replace lambda hence my earlier comment above about being certain a sensor has failed through measuring it, rather than just throwing money at replacing them when they might be absolutely fine).
Swapped to the oem cat and problem solved for the NCT... so the Cobra cat failed (not sure if pinprick air leak related to wrapping... possible but unlikely, or else just failed substrate effectiveness). Item was out of warranty so they wouldn't do anything to help even with a reduction on a replacement. Mind that they list "life-time warranty" on their site, but this is only for anti corrosion on the Stainless steel and workmanship, on Cat functioning they only give 2 years as further explained in T&C small print.
What I liked about the Cobra cat is that the fitment is standard (unlike for example RCM), so less hassle if fitting other bits of exhaust system so you're not tied in to one brand. Obviously didn't like it quitting on me by year 3 and relatively few miles (maybe 17k miles). Got a quote from the exhaust place in Rathcoole to cut out cat and replace it with the premium Magnaflow version for 250-300 (using the Cobra downpipe I still have).... so... maybe a similar path might be good way to go for you (to use existing downpipe and have a good sports cat welded in). Definitely can say the sports cat wakes the car up compared to having the oem one fitted... but you must have the car mapped for the sports cat as it will kill your engine otherwise as flow much more than standard.