I think it depends on the ewe lamb - some mature much quicker than others. I bought five Charollais and put them to my Ryeland ram as ewe lambs - they were all well grown by tupping time and all of them lambed the following year no problem, and all the lambs were good sized. I've got some other breeds though that I wouldn't mate as lambs as they aren't mature enough.
I don't keep my ram in with the ewes all year round because I've seen him butt lambs quite hard - he comes out prior to lambing and goes in a 'boy's' paddock, then back with the ewes in November.