Hi Pavel, when young and foolish I used Estapol on two French-polished tables. Worked fine. Maybe there was no wax on either.
In one case, after some years I sanded back to bare wood, put on some more coats of Shellac and redid the Estapol.
I wouldn't do it again though, since Estapol is some kind of plakky and while it resists water and heat well enough, it scratches easily and is impossible to repair. Next time I'll go for a burnished oil finish. That should be compatible with the shellac that's soaked into the timber.